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Hurricane Preparedness Week: PSEG Long Island Announces Climate Change Resilience Plan
Prnewswire· 2024-05-03 16:05
A full decade of planning and strengthening the electric infrastructure against extreme weather has increased reliability and resilienceUNIONDALE, N.Y., May 3, 2024 /PRNewswire/ -- PSEG Long Island has spent the last decade preparing the utility and the electric grid for hurricanes and other extreme weather. On National Hurricane Preparedness Week, May 5-11, the company announced it is also developing a proactive Climate Change Resilience Plan in partnership with the Long Island Power Authority (LIPA) to ad ...
PSEG(PEG) - 2024 Q1 - Quarterly Report
2024-04-30 20:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO | | | State or other | | | --- | --- | --- | --- | | | | jurisdiction of | I.R.S. Employer | | Commission | | Incorporation or | Identifi ...
PSEG (PEG) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-30 15:01
For the quarter ended March 2024, PSEG (PEG) reported revenue of $2.76 billion, down 26.5% over the same period last year. EPS came in at $1.31, compared to $1.39 in the year-ago quarter.The reported revenue represents a surprise of +4.13% over the Zacks Consensus Estimate of $2.65 billion. With the consensus EPS estimate being $1.32, the EPS surprise was -0.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...
PSEG (PEG) Q1 Earnings Miss Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-04-30 14:50
Public Service Enterprise Group Incorporated (PEG) or PSEG reported first-quarter 2024 adjusted earnings of $1.31 per share, which missed the Zacks Consensus Estimate of $1.32 by 0.8%. Earnings also declined 5.8% from the prior-year reported figure.The company reported quarterly GAAP earnings per share (EPS) of $1.06 compared with $2.58 in the corresponding period of 2023.The year-over-year deterioration can be attributed to higher investment-related expenses.Total RevenuesOperating revenues in the first qu ...
PSEG(PEG) - 2024 Q1 - Quarterly Results
2024-04-30 13:01
EXHIBIT 99 Public Service Enterprise Group 80 Park Plaza Newark, NJ 07102 PSEG ANNOUNCES FIRST QUARTER 2024 RESULTS $1.06 PER SHARE NET INCOME $1.31 PER SHARE NON-GAAP OPERATING EARNINGS Reaf irms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share (NEWARK, N.J. – April 30, 2024) Public Service Enterprise Group (NYSE: PEG) reported the following results for the first quarter of 2024: PSEG Consolidated (unaudited) First Quarter Comparative Results | | Income | | | Diluted Earnings Per Share ...
Why PSEG (PEG) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-26 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering PSEG (PEG) , which belongs to the Zacks Utility - Electric Power industry.This parent company of PSEG Power and Public Service Electric & Gas Co. Has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.61%.For the last reported quarter, ...
PSEG (PEG) to Report Q1 Earnings: Here's What to Expect
Zacks Investment Research· 2024-04-24 16:01
Public Service Enterprise Group Incorporated (PEG) , or PSEG, is slated to report first-quarter 2024 results on Apr 30 before market open. The company delivered an earnings surprise of 1.89% in the last reported quarter.The company holds a four-quarter average earnings surprise of 11.21%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayPSEG’s service territories witnessed mixed temperature patterns in the first quarter. While at the onset of the Ja ...
PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2024
Prnewswire· 2024-04-16 19:15
NEWARK, N.J., April 16, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the second quarter of 2024. All dividends for the second quarter are payable on or before June 28, 2024, to shareholders of record on June 7, 2024. About PSEG Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided b ...
PSEG To Announce First Quarter 2024 Financial Results On April 30
Prnewswire· 2024-04-09 12:30
NEWARK, N.J., April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m. ET on Tuesday, April 30, during which management will discuss first 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 we ...
PSEG (PEG) Q4 Earnings Beat Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-02-26 19:21
Public Service Enterprise Group Incorporated (PEG) or PSEG reported fourth-quarter 2023 adjusted earnings of 54 cents per share, which beat the Zacks Consensus Estimate of 53 cents by 1.9%. However, earnings declined 15.6% from the prior-year reported figure.The company reported quarterly GAAP earnings per share (EPS) of $1.10 in the fourth quarter of 2023 compared with $1.58 in the corresponding period of 2022.For 2023, the company reported adjusted EPS of $3.48 compared with $3.47 in 2022. The full-year b ...