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The latest announcement is out from Public Service Enterprise ( (PEG) ).
PSEG’s third-quarter earnings call revealed a net income of $1.04 per share and non-GAAP operating earnings of $0.90 per share, driven by increased regulated investments and improved energy margins. The company highlighted the operational completion of Energy Strong II Electric and M&R stations and progress in their smart meter installations. PSE&G has invested approximately $2.7 billion year-to-date, with plans for a $3.5 billion capital investment program in 2024, underscoring its commitment to disciplined investment strategies.
Learn more about PEG stock on TipRanks’ Stock Analysis page.
