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its all about PR.
Sony right now are not in a great position of positive PR with all the censoring, Cross Play name changes etc, not to mention Sony would definitely want to avoid the Negative Back lash they received for e3 2018, considering if they showed the same games at e3 2019 it wont help them at all when Sony prepares for PS5 announcement amidst all the negativity surrounding it.

So the wise thing would let Xbox have the lime light, Use events like VGA to show remaining games off, Invest everything for PS5 announcement at PSX2019 make it a huge.

Same will be true for Xbox Scarlet, it will be teased at E3 2019, Big reveal at X0 2019 in November and launch by march/April just like nintendo Switch