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Public Service Enterprise (PEG)
NYSE:PEG
RESEARCH TOOLSreports
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.38Last Year’s EPS
1.31Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -3.81%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
PSEG demonstrated strong operational performance and strategic achievements, including increased investments in clean energy and customer satisfaction accolades. However, financial challenges were evident with a decline in net income and impacts from rising capacity prices. The positive results in operational areas and future growth prospects outweigh financial setbacks.Company Guidance
During the PSEG earnings call, guidance for 2025 was outlined, highlighting several key metrics. PSEG's non-GAAP operating earnings guidance for 2025 is set at $3.94 to $4.06 per share, marking a 9% increase at the midpoint over 2024's results. The company plans to invest $4 billion in 2025, primarily in regulated investments, and has increased its 2025-2029 capital spending plan to $22.5 billion to $26 billion. This investment is expected to support a 6% to 7.5% compound annual growth rate (CAGR) for PSE&G's rate base over five years, starting from approximately $34 billion at the end of 2024. Additionally, PSEG intends to continue its strategic focus on energy efficiency and infrastructure modernization, with a $2.9 billion investment approved for its Clean Energy Future Energy Efficiency II program. The company also announced a $0.12 per share increase in its annual common dividend, bringing it to $2.52 per share for 2025.Record Non-GAAP Operating Earnings
PSEG reported non-GAAP operating earnings of $0.84 per share for Q4 2024 and $3.68 per share for the full year, marking the 20th consecutive year of meeting or exceeding guidance.
Approval for Clean Energy Investment
PSE&G received approval to invest $2.9 billion in its Clean Energy Future Energy Efficiency II program over six years, significantly increasing energy efficiency investments.
Capital Spending and Infrastructure Success
Successfully executed a $3.6 billion capital spending program for 2024, including the completion of the advanced metering infrastructure program on time and on budget.
Customer Satisfaction and Reliability Awards
PSE&G was named number one in customer satisfaction by J.D. Power and received the PA Consulting 2024 ReliabilityOne Award for the 23rd consecutive year.
Dividend Increase
The Board of Directors announced a $0.12 per share increase in PSEG's annual common dividend, marking the 14th consecutive annual increase.
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PEG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PEG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $84.36 | $83.23 | -1.34% |
| Nov 04, 2024 | $86.71 | $81.31 | -6.23% |
| Jul 30, 2024 | $75.84 | $76.89 | +1.38% |
| Apr 30, 2024 | $67.11 | $67.54 | +0.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Public Service Enterprise (PEG) report earnings?
Public Service Enterprise (PEG) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Public Service Enterprise (PEG) earnings time?
Public Service Enterprise (PEG) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PEG EPS forecast?
PEG EPS forecast for the fiscal quarter 2025 (Q1) is 1.38.
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