BUZZ-Public Service Enterprise falls after raising its capital spending plan
ReutersFeb 25, 2025 3:23 PM
Energy company Public Service Enterprise Group's PEG.N shares fall 2.6% to $82.18
Company expects to spend $22.5 billion to $26 billion from 2025 to 2029, an increase of $3.5 billion from its prior five-year plan
PEG forecasts 2025 adj earnings between $3.94/share and$4.06/share vs est of $4.01/share - data compiled by LSEG
Company reports Q4 adj profit of 84 cents/share vs est of 83 cents/share
Including session's moves, stock down 2.2% YTD
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