Is PEG's Q3 2024 earnings growth sustainable long-term?

**Public Service Enterprise Group Inc (PEG) is likely to experience sustainable long-term earnings growth**, based on the following points:

1. **Strategic Investments and Efficiency Improvements**: PEG has made strategic investments and achieved efficiency improvements, as highlighted in their Q2 2024 earnings call. These efforts are indicative of a forward-thinking approach that can contribute to sustained growth over the long term.
2. **Market Position and Growth Drivers**: PEG is the number one strategic supplier of Software and IT Services (SITS) and business process services (BPS) to the UK Government. This strategic position, coupled with the growing demand for technology and digital services in the public sector, positions PEG well for long-term growth.
3. **Financial Performance and Outlook**: Despite Q3 2024 EPS estimates being reduced by Zacks Research, the overall financial performance of PEG has been robust, with increased revenue and efficiency improvements. The company's ability to manage its business efficiently and the growth in certain service areas suggest a positive outlook for long-term earnings growth.
4. **Long-term Focus and Innovation**: PEG's advocacy for energy assistance programs and its focus on innovation in public service delivery demonstrate a commitment to addressing societal needs and leveraging new technologies, which can drive sustained growth over time.
5. **Analyst Ratings and Sentiments**: While there have been mixed analyst ratings recently, the overall sentiment towards PEG is positive, with analysts acknowledging the company's strong revenue growth and strategic investments, which are key factors for long-term sustainability.

In conclusion, while there may be short-term fluctuations in earnings, the strategic direction, market position, and performance indicators of PEG suggest that its Q3 2024 earnings growth is likely to be sustainable in the long term.