Strong Financial Performance
GAAP earnings of 62¢ per share, up from 44¢ per share in 2024. Core earnings improved to 67¢ per share from 49¢ in the same period last year, a 37% increase.
Robust Capital Investment
Invested over $1 billion in Q1 2025, a 15% increase over the previous year, with a plan to deploy $5 billion of customer-focused investments in 2025, representing an 11% increase compared to 2024.
Earnings Guidance and Dividend Increase
Reaffirmed 2025 core EPS guidance range of $2.40 to $2.60 per share, targeting the top half of that range. Approved a 4.7% increase in quarterly dividend, totaling an annual rate of $1.78 per share.
Regulatory and Legislative Progress
Settlement reached in New Jersey's infrastructure investment program. Positive momentum in Ohio with active legislative discussions on house and senate bills.
Data Center Demand
Received 15 large load study requests representing approximately nine gigawatts of load, with significant activity in Pennsylvania and Ohio.