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Public Service Enterprise Group Incorporated (PEG) Q2 2021 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by. My name is Carol, and I m your event operator today. I would like to welcome everyone to today s conference, Public Service Enterprise Group s Second Quarter 2021 Earnings Conference Call and Webcast. [Operator Instructions] Today, August 3, 2021, and will be available beginning at 2:00 p.M. Eastern Standard Time today as an audio webcast on PSEG s corporate website at investor.pseg.com. I would now like to turn the conference over to Carlotta Chan. Please go ahead. Carlotta N. Chan ice President of Investor Relations Thank you, Carol. Good morning, and thank you for participating in our earnings call. PSEG s second quarter 2021 earnings release, attachments and slides detailing operating results by company are posted on our website at investor.pseg.com, and our 10-Q will be filed shortly. The earnings release and other matters discussed during today s call contain forward-looking statements and estimates that are subj

LS Power Completes Major Solar Acquisition of 25 Solar Facilities Spanning 14 States

29 views PR Newswire NEW YORK, June 29, 2021 /PRNewswire/  LS Power today announced it has completed the acquisition of 25 solar power facilities totaling 467.8 MWdc (365 MWac) from Public Service Enterprise Group Incorporated (PSEG). These solar projects represent an important addition to LS Power s efforts to accelerate the evolution of a cleaner power grid, said LS Power CEO Paul Segal. This acquisition, along with our other investments in the clean energy space, highlights LS Power s commitment to scaling a diversified development and operating platform that will drive the decarbonization of our economy. The solar facilities were acquired by LS Power affiliate Quattro Solar, LLC.

Diversion of Trends on Earning Estimates: TerraForm Global (NASDAQ:GLBL), Public Service Enterprise Group (NYSE:PEG)

TerraForm Global, Inc. (NASDAQ:GLBL) [Trend Analysis] luring active investment momentum, shares an advance 15.88% to $4.93. Finally to see some strong financial remarks by WSJ over GLBL performance. Out of the pool of analysts 0 gave their BUY ratings on the stock in previous month as 0 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 1 analyst gave SELL rank. Majority ranked Hold from the pool of analysts. The next year first quarter EPS estimates trend for current period shows $-0.01 while one month ago this estimate trend was for $-0.02. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $-0.13 and for the one month was for $-0.73 as compared to three months ago was for $-0.14. Whereas, GLBL received highest price target of 5 and low target of 2.50. The stock price target chart showed average price

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