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PEGPublic Service Enterprise GroupSell4.4·$66.92

Public Service Enterprise (PEG) Q2 2026 earnings — TrendMatrix coverage

BEAT+7.7% vs estimateEPS $0.86 vs $0.80 estVerdict Buy (Wait) → Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Adjusted EPS
$0.86
Estimate
$0.80
Surprise
+7.7%
Revenue (period 2026-06-30)
$2.55B
Score at report (before → after)
6.2 → 6.3/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Public Service Enterprise (PEG) beat the $0.80 estimate with adjusted EPS of $0.86 — a clear 7.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.3/10 after the report.

Current read · as of 2026-09-24

Where TrendMatrix's rating stands now

TrendMatrix currently rates PEG Sell at 4.4/10.

4 of the last 4 quarters beat the estimate; this quarter's +7.7% surprise compares with a +7.3% four-quarter average. Next scheduled report: 2026-11-02.

What argues against it

  • Quality below floor (4.0 < 4.0)
  • Value-trap signals (2/5): High leverage (D/E 2.3), Negative free cash flow
  • Momentum score 1.1/10 — below 4.5 minimum

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$66.92
Price target
$76.78
Stop
$64.70
Upside to target
+14.7%
Reward-to-risk
3.0:1

The stock trades at 17.2× trailing but 14.4× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: RSI 13 — a level conventionally read as oversold.

Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.

Utilities context

PEG at TrendMatrix's latest read

Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.

Industry
Utilities - Regulated Electric
Market cap
$33.55B
P/E (fwd)
14.4
P/E (ttm)
17.2
52-week range
$67.13–$87.63
Off 52-week high
23.6%
RSI (14)
13
Volume vs avg
0.56×
Score today
4.4/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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