PEG

NEWARK, N.J., July 16, 2026 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2026 earnings call at 11:00 a.m. ET on Tuesday, August 4, during which management will discuss second quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com. A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by August 5. About PSEG Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Best in Class North America Index for 18 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com). From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings. You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here. CONTACTS: Investor Relations(973) 430-6565 [email protected] Media Relations(973) [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-to-announce-second-quarter-2026-financial-results-on-august-4-302827949.html

Founded in 1903 and headquartered in Newark, New Jersey, Public Service Enterprise Group Incorporated (PEG) has grown into one of the country's leading energy companies. Its regulated utility business delivers electricity and natural gas to customers, while its portfolio also includes one of the nation's largest carbon-free nuclear generation fleets. Backed by a market cap of approximately $40.1 billion, the company is also strengthening its footprint through grid modernization projects, solar energy investments, and energy efficiency programs. Nvidia Stock Could Still Soar 140% to Reach $500, Says Wall Street MU Stock Alert: What to Watch as Micron Takes a Stake in GlobalWafers IBM Stock Just Suffered a Gruesome Massacre, But Algos Likely Sense a Huge Discount Here Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The spotlight now shifts to Public Service Enterprise's second-quarter fiscal 2026 earnings, where investors will gauge whether the company can extend its streak of solid execution. Wall Street expects diluted EPS of $0.83, representing a 7.8% increase from $0.77 reported in the same quarter last year. The forecast carries extra weight because PSEG has outperformed analysts' earnings estimates in each of the past four quarters, making another beat a possibility worth watching. Confidence in the company's outlook extends well beyond the upcoming report. Analysts project fiscal year 2026 diluted EPS of $4.37, which marks year-over-year growth of 7.9%. They expect that momentum to carry into fiscal year 2027, with diluted EPS forecasted to reach $4.69, reflecting a 7.3% increase from the previous year. Even with those healthy earnings expectations, PEG stock has struggled to keep pace with the broader market. Over the past 52 weeks, the shares slipped 2.4%, while the S&P 500 Index ($SPX) rallied 21.3%. The gap has become even more pronounced in 2026. PEG stock has posted a slight year-to-date (YTD) decline, whereas the benchmark index advanced 10.6%. The comparison looks no kinder within the utilities space. PSEG's shares have trailed the State Street Utilities Select Sector SPDR ETF (XLU) across both periods. The ETF generated a 10.3% return over the past 52 weeks and gained 5.9% YTD, leaving PSEG playing catch-up. The softer share price performance...

A month has gone by since the last earnings report for Exelon (EXC). Shares have added about 0.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Exelon due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Exelon Corporation before we dive into how investors and analysts have reacted as of late. Exelon Q1 Earnings Beat Estimates, Sales Increase Y/Y, Capex Plan UpExelon Corporation’s first-quarter 2026 earnings of 91 cents per share surpassed the Zacks Consensus Estimate of 89 cents by 2.25%. The bottom line decreased 1.09% from the year-ago level of 92 cents. On a GAAP basis, earnings were 90 cents per share, remaining unchanged from the year-ago quarter. Exelon reported revenues of $7.24 billion, which surpassed the Zacks Consensus Estimate of $6.91 billion by 4.76%. The top line was 7.86% up from the year-ago quarter’s figure of $6.71 billion. In the quarter reported, the number of customers served by the company increased 1.09% from the year-ago quarter. Total electric deliveries touched 21,084 gigawatt hours in the reported quarter and were down 1.08%, primarily due to lower volumes sold across all customer groups.Due to revenue decoupling, Exelon’s distribution earnings were unaffected by actual weather conditions or customer-usage patterns.Exelon's total operating expenses increased nearly 8.89% year over year to $5.63 billion. The rise was primarily driven by higher purchased-power and fuel costs, increased operation and maintenance expenses, and higher taxes other than income taxes.Operating income amounted to $1.61 billion, up 4.49% year over year.Interest expenses totaled $555 million, up nearly 8.82% from the year-ago quarter’s level.In the reported quarter, adjusted net income was $919 million, up 1.21% from $908 million in the year-ago quarter. Commonwealth Edison Company (ComEd): Adjusted earnings in the first quarter were $310 million, down 4.62% from the year-ago quarter. The year-over-year decrease was primarily due to distribution timing, partly offset by a rise in AFUDC and rate-base investments that improved reliability.PECO Energy Company (PECO): Adjusted operating earnings for the reported quarter increased 4.91% year over year to $278 million, primarily driven...

A month has gone by since the last earnings report for PSEG (PEG). Shares have lost about 2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is PSEG due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. PEG Q1 Earnings Beat Expectations, Revenues Increase Y/YPublic Service Enterprise Group Incorporated, or PSEG, reported first-quarter 2026 adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate of $1.47 by 5.6%. Earnings increased 8.4% from the prior-year reported figure of $1.43.The company reported GAAP earnings per share (EPS) of $1.48 compared with $1.18 in the corresponding period of 2025. Operating revenues totaled $3.85 billion, which surpassed the Zacks Consensus Estimate of $3.27 billion by 17.6%. The top line also increased 19.4% from the year-ago figure of $3.22 billion. Electric sales volume totaled 10,371 million kilowatt-hours, which increased 4% year over year. On the other hand, gas sales volume rose 7% to 1,464 million therms.Under electric sales, residential sales volume totaled 3,490 million kilowatt-hours, up 6% from the prior-year figure. Its commercial and industrial sales volume totaled 6,784 million kilowatt-hours, reflecting year-over-year growth of 3%.Other sales amounted to 97 million kilowatt-hours, down 4% from the year-ago recorded number.Total gas sales witnessed year-over-year growth of 5% in firm sales volume. Non-firm gas sales volume increased 24%. The operating income totaled $1.08 billion compared with $0.8 billion in the year-ago period, reflecting an increase of 34.9%.Total operating expenses were $2.77 billion, up 14.4% from the year-ago figure.Interest expenses amounted to $272 million, which increased 12.9% year over year. PSE&G: This segment’s net income was $577 million, up from $546 million in the first quarter of 2025.PSEG Power & Other: Adjusted operating income for this unit amounted to $201 million compared with $172 million in the prior-year quarter. The long-term debt (including the current portion of the long-term debt) as of March 31, 2026 was $23.09 billion compared with $22.55 billion as of Dec. 31, 2025.The net ca...

Public Service Enterprise Group Incorporated (NYSE:PEG) is one of the high growth utility stocks to buy according to analysts. On April 21, the board of directors at Public Service Enterprise Group Incorporated (NYSE:PEG) reiterated its commitment to shareholder value by approving a quarterly dividend of $0.67 per share. The dividend is to be paid on June 30, 2026, to shareholders of record as of June 9, 2026. The second-quarter dividend is to be paid on the heels of Public Service Enterprise Group delivering solid first-quarter operating and financial results. Net income soared to $741 million, or $1.48 a share, compared with $589 million, or $1.18 a share, in the same quarter last year. The earnings growth underscores the impact of ongoing investments in energy efficiency, gas system modernization, and transmission. It also reflects the gradual increase in the number of electric and gas customers. However, the earnings could have been much higher had the company not incurred higher operating and maintenance costs, depreciation, and interest-related expenses. Public Service Enterprise Group Incorporated (NYSE:PEG) is a Newark, N.J.-based, regulated energy company that operates primarily as a public utility holding company. It operates New Jersey’s largest electric and gas utility, serving 2.4 million electric and 1.9 million gas customers, and also owns a significant fleet of carbon-free nuclear power plants. While we acknowledge the potential of PEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Small-Cap Value Stocks to Buy and 10 Most Oversold Canadian Stocks to Invest In. Disclosure: None. Follow Insider Monkey on Google News.

First quarter results were driven by continued utility infrastructure investment and nuclear operational excellence, achieving a 95.5% capacity factor despite harsh winter conditions. Performance attribution at PSEG Power highlights that higher gas volume and capacity revenues successfully offset the expiration of the zero emission certificate program. Management attributes utility resilience during extreme weather to proactive winter readiness procedures and strategic investments in gas infrastructure modernization and smart meter deployment. Strategic positioning is reinforced by keeping residential electric and gas rates flat in 2026, aligning with state executive orders focused on affordability and supply stability. The company is leveraging its AMI investment to launch demand response and time-of-use programs, transitioning the utility toward a more flexible, technology-driven grid. Operational success included a second consecutive breaker-to-breaker run at Salem Unit 2, supplying 8 terawatt hours of carbon-free baseload energy during peak demand. Reaffirmed a 6% to 8% non-GAAP operating earnings CAGR through 2030, supported by a regulated capital investment plan of $22.5 billion to $25.5 billion. Guidance assumes potential incremental upside from nuclear revenue opportunities above market prices and winning additional competitive transmission solicitations. Management is actively engaging in new nuclear development at the Salem site following the lifting of a state moratorium, citing unique site permits and logistics as key advantages. Future earnings stability is expected from the PJM price collar extension through 2030, which aims to mitigate volatility in default generation service prices. The 2026 capital plan of approximately $4.2 billion remains on track, focused on energy efficiency, electrification, and meeting new load growth demands. A FERC ruling reallocating PJM transmission costs is expected to result in over $100 million in refunds to customers, though the matter remains under litigation. Management expressed caution regarding PJM's proposed reliability backstop procurement auction, advocating that cost burdens should not fall solely on electric distribution companies. The transition to a new LIPA contract in January 2026 resulted in the absence of previous fuel and energy management fees, impacting net energy margin comparisons. Nuclear...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 11 a.m. ET Chair, President, and CEO — Ralph A. LaRossa Executive Vice President and CFO — Daniel J. Cregg Need a quote from a Motley Fool analyst? Email [email protected] Ralph A. LaRossa, Chair, President and CEO, and Daniel J. Cregg, Executive Vice President and CFO. The press release, attachments, and slides for today's discussion are posted on our IR website at investor.pseg.com, and our 10-Q will be filed later today. Public Service Enterprise Group Incorporated's earnings release and other matters discussed during today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties. We will also discuss non-GAAP operating earnings, which differs from net income as reported in accordance with Generally Accepted Accounting Principles, or GAAP, in the United States. We include reconciliations of our non-GAAP financial measures and a disclaimer regarding forward-looking statements on our IR website and in today's materials. Following our prepared remarks, we will conduct a 30-minute question and answer session. I will now turn the call over to Ralph A. LaRossa. Ralph A. LaRossa: Thank you, Carlotta, and thank you for joining us to review Public Service Enterprise Group Incorporated's first quarter 2026 results. Starting with our financial results, Public Service Enterprise Group Incorporated reported net income of $1.48 per share and non-GAAP operating earnings of $1.55 per share. Our first quarter results reflect continued investment in utility infrastructure, focused on reliability and cost-saving energy efficiency programs at PSE&G. At PSEG Power, higher gas volume and capacity revenues have more than offset the absence of the zero emission certificate program that concluded last May. With this solid start to 2026, we are maintaining our full-year non-GAAP operating earnings guidance in the range of $4.28 to $4.40 per share. On the operations front, I am very pleased to report that our utility and nuclear operations delivered excellent reliability during one of the harshest winters in decades. In preparation for these extreme weather events that included high snow accumulation, ice, and arctic air temperatures, PSE&G initiated its winter weather readiness procedures and ensured adequate staffing for timely storm response. Starting in January with Winter Storm...

$1.48 PER SHARE NET INCOME $1.55 PER SHARE NON-GAAP OPERATING EARNINGS Maintains 2026 Non-GAAP Operating Earnings Guidance of $4.28 - $4.40 Per Share NEWARK, N.J., May 5, 2026 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the first quarter 2026: "PSEG delivered a solid operating and financial performance to begin the year," said Ralph LaRossa, PSEG's chair, president and CEO. "Our teams across PSE&G and PSEG Power successfully responded to multiple extreme weather events during the first quarter. These included the worst winter storm to hit our service territory in the past 30 years and several days of single digit temperatures that prompted our highest gas send-out since 2019. PSEG's investments in critical energy infrastructure and our dedicated workforce that worked tirelessly to restore service in frigid conditions proved to be the key factors in our ability to deliver best-in-class storm response and reliability." "PSEG has worked with the Governor's Office and the New Jersey Board of Public Utilities to keep electric rates flat in 2026, in keeping with Governor Sherrill's Executive Orders 1 & 2 addressing utility costs and generation supply. PSE&G rates will also benefit from the update to reflect the latest Basic Generation Service auction results effective on June 1. On February 1st, we also kept our residential natural gas rate flat for the remainder of the 2025-2026 winter heating season, providing our customers with the lowest gas bills in New Jersey and in the region. PSEG Nuclear also had a strong first quarter, supplying 8 TWh of reliable, carbon-free baseload energy to New Jersey and the grid." LaRossa added, "We continue to execute on our long-term strategy to grow PSEG's non-GAAP Operating Earnings by a compound annual rate of 6% to 8% through 2030 – without the need to issue new equity or sell assets – which remains a core differentiator from our peers." PSE&G's results for the first quarter reflect ongoing investments in Energy Efficiency, Gas System Modernization and Transmission; the seasonality of gas demand during the winter months; and the continued, gradual increase in the number of electric and gas customers. These results were partially offset by higher operation and maintenance costs as well as higher depreciation and interest expense related to incremental investments. PSEG Power &...

Public Service Enterprise Group Incorporated PEG, or PSEG, reported first-quarter 2026 adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate of $1.47 by 5.6%. Earnings increased 8.4% from the prior-year reported figure of $1.43. The company reported GAAP earnings per share (EPS) of $1.48 compared with $1.18 in the corresponding period of 2025. Operating revenues totaled $3.85 billion, which surpassed the Zacks Consensus Estimate of $3.27 billion by 17.6%. The top line also increased 19.4% from the year-ago figure of $3.22 billion. Public Service Enterprise Group Incorporated price-consensus-eps-surprise-chart | Public Service Enterprise Group Incorporated Quote Electric sales volume totaled 10,371 million kilowatt-hours, which increased 4% year over year. On the other hand, gas sales volume rose 7% to 1,464 million therms. Under electric sales, residential sales volume totaled 3,490 million kilowatt-hours, up 6% from the prior-year figure. Its commercial and industrial sales volume totaled 6,784 million kilowatt-hours, reflecting year-over-year growth of 3%. Other sales amounted to 97 million kilowatt-hours, down 4% from the year-ago recorded number. Total gas sales witnessed year-over-year growth of 5% in firm sales volume. Non-firm gas sales volume increased 24%. The operating income totaled $1.08 billion compared with $0.8 billion in the year-ago period, reflecting an increase of 34.9%. Total operating expenses were $2.77 billion, up 14.4% from the year-ago figure. Interest expenses amounted to $272 million, which increased 12.9% year over year. PSE&G: This segment’s net income was $577 million, up from $546 million in the first quarter of 2025. PSEG Power & Other: Adjusted operating income for this unit amounted to $201 million compared with $172 million in the prior-year quarter. The long-term debt (including the current portion of the long-term debt) as of March 31, 2026 was $23.09 billion compared with $22.55 billion as of Dec. 31, 2025. The net cash flow from operating activities was $1.27 billion during the first three months of 2026 compared with $1.05 billion during the first three months of 2025. PEG expects adjusted earnings to be in the range of $4.28-$4.40 per share. The Zacks Consensus Estimate for earnings is currently pegged at $4.36, which lies above the midpoint of the company’s guided range. PEG currently carries...

PSEG (PEG) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.59%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. would post earnings of $0.71 per share when it actually produced earnings of $0.72, delivering a surprise of +1.41%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. PSEG, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.85 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 17.59%. This compares to year-ago revenues of $3.22 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PSEG shares have added about 0.2% since the beginning of the year versus the S&P 500's gain of 5.2%. While PSEG has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for PSEG was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zac...

Public Service Enterprise (PEG) reported Q1 adjusted earnings Tuesday of $1.55 per diluted share, co

PSEG (PEG) reported $3.85 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 19.4%. EPS of $1.55 for the same period compares to $1.43 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.27 billion, representing a surprise of +17.59%. The company delivered an EPS surprise of +5.59%, with the consensus EPS estimate being $1.47. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how PSEG performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- PSE&G: $3.09 billion compared to the $2.78 billion average estimate based on two analysts. The reported number represents a change of +15.8% year over year. Operating Income- PSEG Power & Other: $280 million compared to the $278.18 million average estimate based on two analysts. Operating Income- PSE&G: $795 million versus the two-analyst average estimate of $797.97 million. View all Key Company Metrics for PSEG here>>> Shares of PSEG have returned -0.7% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Public Service Enterprise Group Incorporated (PEG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research