Public Service Enterprise Narrows FY22 Operating Earnings Outlook Range - Update

RTTNews | 982 days ago
Public Service Enterprise Narrows FY22 Operating Earnings Outlook Range - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, Public Service Enterprise Group, Inc. (PEG) narrowed its operating earnings guidance range for the full-year 2022.

For fiscal 2022, the company now projects adjusted operating earnings in a range of $3.40 to $3.50 per share, narrower than the prior forecast range of $3.35 to $3.55 per share.

On average, 18 analysts polled by Thomson Reuters expect the company to report earnings of $3.47 per share for the year. Analysts' estimates typically exclude special items.

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U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday. The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent, the MBA said.
RTTNews | 1h 45min ago