The earnings call reflects a solid financial performance and ongoing strategic initiatives, but it is overshadowed by significant challenges such as increased residential electric bills, resource adequacy issues, and uncertainty surrounding the LIPA contract.

Company Guidance -

Q3 2025

During the first quarter 2025 earnings call for Public Service Enterprise Group (PSEG), several key metrics and guidance points were highlighted. PSEG reiterated its full-year non-GAAP operating earnings guidance of $3.94 to $4.06 per share, representing approximately a 9% increase at the midpoint over 2024's reported results. PSE&G's updated five-year capital spending program was reaffirmed at $21 billion to $24 billion, supporting an expected rate base compound annual growth rate (CAGR) of 6% to 7.5% through 2029, which will drive PSEG’s non-GAAP operating earnings CAGR of 5% to 7%. The call also noted PSEG's nuclear operations generated around 8.4 terawatt hours of power with a capacity factor of 99.9%. The company maintained a solid balance sheet with total available liquidity of $4.6 billion at the end of March. Overall, the call focused on PSEG's financial resilience, ongoing investments in infrastructure, and efforts to maintain affordability for customers amid increasing energy prices.

Solid Financial Performance

PSEG reported net income of $1.18 per share for Q1 2025, up from $1.06 per share in 2024. Non-GAAP operating earnings were $1.43 per share, compared to $1.31 in 2024.

Regulated Capital Investment Plan

PSEG is maintaining its five-year regulated capital investment plan of $21 billion to $24 billion through 2029, which supports a rate base CAGR of 6% to 7.5%.

Nuclear Operations Performance

PSEG's nuclear operations generated approximately 8.4 terawatt hours of clean and reliable baseload power, achieving a fleet capacity factor of 99.9%.

Energy Efficiency Program

PSEG began rolling out the second phase of its Clean Energy Future - Energy Efficiency II program, aimed at helping customers save energy and reduce carbon emissions.

Public Service Enterprise (PEG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PEG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.02 / -	0.9	―	―	―
Aug 05, 2025	2025 (Q2)	0.70 / 0.77	0.63	22.22% (+0.14)
Apr 30, 2025	2025 (Q1)	1.44 / 1.43	1.31	9.16% (+0.12)
Feb 25, 2025	2024 (Q4)	0.83 / 0.84	0.54	55.56% (+0.30)
Nov 04, 2024	2024 (Q3)	0.87 / 0.90	0.85	5.88% (+0.05)
Jul 30, 2024	2024 (Q2)	0.62 / 0.63	0.7	-10.00% (-0.07)
Apr 30, 2024	2024 (Q1)	1.30 / 1.31	1.39	-5.76% (-0.08)
Feb 26, 2024	2023 (Q4)	0.52 / 0.54	0.64	-15.62% (-0.10)
Oct 31, 2023	2023 (Q3)	0.75 / 0.85	0.86	-1.16% (-0.01)
Aug 01, 2023	2023 (Q2)	0.63 / 0.70	0.64	9.37% (+0.06)

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

PEG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$90.14	$88.17	-2.19%
Apr 30, 2025	$80.97	$79.30	-2.06%
Feb 25, 2025	$83.03	$81.92	-1.34%
Nov 04, 2024	$85.35	$80.03	-6.23%

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.

FAQ

When does Public Service Enterprise (PEG) report earnings?

Public Service Enterprise (PEG) is schdueled to report earning on Nov 04, 2025, Before Open (Confirmed).

What is Public Service Enterprise (PEG) earnings time?

Public Service Enterprise (PEG) earnings time is at Nov 04, 2025, Before Open (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 (Q3) is 1.02.

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