Earnings summaries and quarterly performance for PUBLIC SERVICE ENTERPRISE GROUP.
Executive leadership at PUBLIC SERVICE ENTERPRISE GROUP.
Ralph LaRossa
Detailed
Chairman, President and Chief Executive Officer
CEO
CM
Charles McFeaters
Detailed
President and Chief Nuclear Officer
DC
Daniel Cregg
Detailed
Executive Vice President and Chief Financial Officer
GP
Grace Park
Detailed
Executive Vice President and General Counsel
KH
Kim Hanemann
Detailed
President and Chief Operating Officer, PSE&G
Board of directors at PUBLIC SERVICE ENTERPRISE GROUP.
BO
Barry Ostrowsky
Detailed
Director
JG
Jamie Gentoso
Detailed
Director
JS
John Surma
Detailed
Director
KT
Kenneth Tanji
Detailed
Director
LS
Laura Sugg
Detailed
Director
RP
Ricardo Perez
Detailed
Director
SS
Scott Stephenson
Detailed
Director
ST
Susan Tomasky
Detailed
Lead Independent Director
VS
Valerie Smith
Detailed
Director
WD
Willie Deese
Detailed
Director
Research analysts who have asked questions during PUBLIC SERVICE ENTERPRISE GROUP earnings calls.
Carly Davenport
Goldman Sachs
5 questions for PEG
Also covers: AEE, AEP, D +14 more
RL
Ryan Levine
Citigroup
5 questions for PEG
Also covers: AEP, AES, ATO +17 more
Nicholas Campanella
Barclays
4 questions for PEG
Also covers: AEE, AEP, AES +32 more
AW
Andrew Weisel
Scotiabank
3 questions for PEG
Also covers: AEP, BKH, CEG +13 more
DA
David Arcaro
Morgan Stanley
3 questions for PEG
Also covers: AEP, AES, ATO +32 more
DC
Durgesh Chopra
Evercore ISI
3 questions for PEG
Also covers: AEE, AEP, AES +22 more
JT
Jeremy Tonet
JPMorgan Chase & Co.
3 questions for PEG
Also covers: AEE, AEP, AM +45 more
PP
Paul Patterson
Glenrock Associates
3 questions for PEG
Also covers: AEE, ES, ETR +7 more
TM
Travis Miller
Morningstar
3 questions for PEG
Also covers: CMS, DTE, ES +10 more
Julien Dumoulin-Smith
Jefferies
2 questions for PEG
Also covers: AEE, AEP, AES +54 more
SP
Shahriar Pourreza
Guggenheim Partners
2 questions for PEG
Also covers: AEE, AEP, AVA +29 more
Steven Fleishman
Wolfe Research
2 questions for PEG
Also covers: AEP, CEG, CNP +18 more
AC
Anthony Crowdell
Mizuho Financial Group
1 question for PEG
Also covers: AEE, AEP, AES +30 more
KL
Konstantin Lednev
Guggenheim Partners
1 question for PEG
Also covers: CNP, DTE, EIX +4 more
PF
Paul Fremont
Ladenburg Thalmann
1 question for PEG
Also covers: AEE, CNP, CPK +17 more
RS
Rinny Singh
Bank of America
1 question for PEG
Also covers: TLN
SK
Sophie Karp
KeyBanc Capital Markets Inc.
1 question for PEG
Also covers: AGR, AVA, CEG +12 more
William Appicelli
UBS
1 question for PEG
Also covers: AEE, AEP, DTE +9 more
Recent press releases and 8-K filings for PEG.
PSEG reports Q3 2025 results
PEG
Earnings
Guidance Update
Debt Issuance
- PSEG reported Q3 net income of $1.24 EPS and non-GAAP operating earnings of $1.13 EPS, versus $1.40 and $0.90 in Q3 2024.
- Narrowed full-year 2025 non-GAAP operating earnings guidance to $4.00–$4.60/share (from $3.94–$4.06) and reaffirmed 5–7% CAGR through 2029.
- PSE&G invested $1.0 bn in Q3 and $2.7 bn YTD, remaining on track for $3.8 bn of regulated capex, boosted by new October 2024 distribution rates.
- Nuclear fleet generated 7.9 TWh in Q3 (23.8 TWh YTD); Hope Creek extended to a 24-month fuel cycle and Salem upgrade will add 200 MW by 2027–29.
- Issued $450 mn of 4.9% secured notes due 2035, redeemed $550 mn of 0.8% notes, and ended Q3 with $3.6 bn liquidity.
Nov 3, 2025, 4:00 PM
PSEG reports Q3 2025 results
PEG
Earnings
Guidance Update
New Projects/Investments
- PSEG delivered $1.24 GAAP EPS and $1.13 non-GAAP operating EPS in Q3 2025, compared with $1.04 and $0.90, respectively, a year ago.
- Full-year 2025 non-GAAP operating earnings guidance was narrowed to $4.00–$4.06 per share, and the company reaffirmed its 5%–7% annual growth outlook through 2029.
- The utility invested $1 billion in Q3 and $2.7 billion year-to-date, on track for $3.8 billion of regulated CapEx in 2025 and $21–$24 billion through 2029.
- PSEG Nuclear generated 7.9 TWh in Q3, extended Hope Creek’s fuel cycle from 18 to 24 months, and achieved capacity factors of 92.4% for the quarter and 93.7% year-to-date.
- At quarter end, available liquidity was $3.6 billion (including $330 million cash); issued $450 million of 4.9% notes due 2035, with variable rate debt at 4% of total.
Nov 3, 2025, 4:00 PM
PSEG reports Q3 2025 results
PEG
Earnings
Guidance Update
New Projects/Investments
- Net income of $1.24 per share and Non-GAAP operating earnings of $1.13 per share, representing ~26% year-over-year growth in operating earnings.
- 2025 non-GAAP earnings guidance narrowed to $4.00–$4.06 per share, with long-term earnings growth outlook of 5%–7% through 2029 unchanged.
- Invested ~$1.0 billion in Q3 and ~$2.7 billion YTD, on track for full-year 2025 regulated capital spending of ~$3.8 billion and a $21–$24 billion program for 2025–2029.
- Operational highlights: PSE&G residential electric and gas customer counts each grew ~1% YTD; nuclear fleet capacity factor was 92.4% in Q3, and Hope Creek extended its fuel cycle to 24 months.
- Solid financial position: ~$3.6 billion of available liquidity, consolidated debt-to-capital at 58%, and stable credit ratings of BBB (S&P) / Baa2 (Moody’s).
Nov 3, 2025, 4:00 PM
PSEG announces Q3 2025 results and narrows 2025 guidance
PEG
Earnings
Guidance Update
- Public Service Enterprise Group reported Q3 net income of $622 million ($1.24/share), up from $520 million ($1.04/share) a year ago.
- Q3 non-GAAP Operating Earnings were $565 million ($1.13/share), versus $448 million ($0.90/share) in Q3 2024.
- Year-to-date non-GAAP Operating Earnings reached $1.667 billion ($3.33/share), enabling PSEG to narrow its 2025 non-GAAP guidance to $4.00–$4.06 per share.
- The company reaffirmed its five-year non-GAAP earnings growth outlook of 5%–7% through 2029 and maintains a $22.5–$26 billion capital investment plan for 2025–2029.
- PSE&G invested ~$1 billion in Q3 (and $2.7 billion YTD) in regulated infrastructure modernization and energy efficiency programs.
Nov 3, 2025, 2:03 PM
PSEG announces Q3 2025 results
PEG
Earnings
Guidance Update
New Projects/Investments
- PSEG reported Q3 net income of $622 million ($1.24/share) and non-GAAP operating earnings of $565 million ($1.13/share).
- For the nine months ended September 30, 2025, net income was $1.796 billion ($3.59/share) and non-GAAP operating earnings were $1.667 billion ($3.33/share).
- The company narrowed its 2025 non-GAAP operating earnings guidance to the upper half of $4.00–$4.06 per share.
- Regulated investments were $1 billion in Q3 and $2.7 billion YTD as part of a $3.8 billion capital spending program to modernize New Jersey’s energy infrastructure.
Nov 3, 2025, 12:30 PM
PSEG Q1 2025 Earnings, Dividends, Guidance & Operational Highlights
PEG
Earnings
Dividends
New Projects/Investments
Guidance Update
- Reported net income of $1.18 per share (or $589 million) and non-GAAP operating earnings of $1.43 per share (or $718 million) in Q1 2025
- Declared a $0.63 per share dividend (annualized $2.52 per share) with a 5% increase for 2025
- Maintained 2025 non-GAAP operating earnings guidance of $3.94–$4.06 per share
- Managed high winter peak loads in the PSE&G service territory and achieved a nuclear capacity factor of 99.9% while advancing infrastructure investments and energy efficiency initiatives
- Executed approximately $0.8 billion of investments in Q1 as part of a regulated capital spending plan of ~$3.8 billion for 2025
Apr 30, 2025, 3:00 PM
Public Service Enterprise Group Announces Senior Notes Issuance
PEG
Debt Issuance
- PSEG completed a public offering of $600M 4.900% Senior Notes due 2030 and $400M 5.400% Senior Notes due 2035 on March 10, 2025.
- The offering was executed under a Form S-3 registration with a related underwriting agreement involving Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and RBC Capital Markets, LLC.
- A legal opinion by Associate Counsel John C. Walmsley confirmed that the notes are valid, binding, and enforceable as per the terms of the indenture.
Mar 10, 2025, 12:00 AM
Quarterly earnings call transcripts for PUBLIC SERVICE ENTERPRISE GROUP.
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