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PSEG(PEG) - 2023 Q4 - Earnings Call Presentation
2024-02-26 19:11
Public Service Enterprise Group FOURTH QUARTER AND FULL YEAR 2023 NYSE: PEG Financial Results Presentation February 26, 2024 PSEG Fourth Quarter and Full Year 2023 Forward-Looking Statements Certain of the matters discussed in this presentation about our and our subsidiaries' future performance, including, without limitation, future revenues, earnings, strategies, prospects, consequences, and all other statements that are not purely historical constitute "forward-looking statements" within the meaning of th ...
PSEG (PEG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-26 15:31
For the quarter ended December 2023, PSEG (PEG) reported revenue of $2.61 billion, down 17% over the same period last year. EPS came in at $0.54, compared to $0.64 in the year-ago quarter.The reported revenue represents a surprise of +29.93% over the Zacks Consensus Estimate of $2 billion. With the consensus EPS estimate being $0.53, the EPS surprise was +1.89%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...
PSEG (PEG) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-26 14:41
PSEG (PEG) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.89%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. Would post earnings of $0.75 per share when it actually produced earnings of $0.85, delivering a surprise of 13 ...
PSEG(PEG) - 2023 Q4 - Annual Report
2024-02-25 16:00
—————————— FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 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 | I.R.S. Employer | | --- | --- | --- | --- | | Commission | | jurisdiction of | Identification | | File Number | Name of Registrant, Address, and Telephone Number | Incorporation | Number | | 001-09120 | Public ...
PSEG(PEG) - 2023 Q4 - Annual Results
2024-02-25 16:00
Public Service Enterprise Group 80 Park Plaza Newark, NJ 07102 PSEG ANNOUNCES 2023 RESULTS EXHIBIT 99 $5.13 PER SHARE NET INCOME $3.48 PER SHARE NON-GAAP OPERATING EARNINGS Reaf irms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share (NEWARK, N.J. – February 26, 2024) Public Service Enterprise Group (NYSE: PEG) reported the following results for the full-year and fourth quarter of 2023: PSEG Consolidated (unaudited) Full Year Comparative Results | | | | Diluted Earnings Per | | | --- | --- ...
PSEG (PEG) to Report Q4 Earnings: Here's What to Expect
Zacks Investment Research· 2024-02-22 15:10
Public Service Enterprise Group Incorporated (PEG) , or PSEG, is slated to report fourth-quarter and full-year 2023 results on Feb 26, before the opening bell.PEG boasts a four-quarter average earnings surprise of 11.14%.Factors to NotePSEG’s service territories mostly witnessed warmer-than-normal temperatures for all of the October-December period. Such a weather pattern is expected to have boosted the electricity demand for cooling purposes in this fall. This is likely to have contributed favorably to its ...
Analysts Estimate PSEG (PEG) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-02-19 16:05
PSEG (PEG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 26, 2024, might help the stock move higher if these key numbers are better than expecta ...
PSEG (PEG) Rewards Shareholders With 5.3% Dividend Hike
Zacks Investment Research· 2024-02-14 15:26
Public Service Enterprise Group Inc. (PEG) , also known as PSEG, recently announced that its board of directors has approved a 5.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 60 cents, payable on Mar 29, 2024, to shareholders of record at the close of business on Mar 8, 2024.The company’s new annualized dividend rate is $2.40 per share, resulting in an annualized dividend yield of 4.10%, based on its share price of $58.55 as of Feb 13, 2024. The company’s current dividen ...
PSEG Increases 2024 Common Stock Dividend
Prnewswire· 2024-02-13 17:09
Indicative Annual Dividend Rate Increases to $2.40 Per Share Marks PSEG's 117th Year of Paying a Common Dividend NEWARK, N.J., Feb. 13, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.60 per share quarterly common stock dividend for the first quarter of 2024, payable on or before March 29, 2024, to shareholders of record on March 8, 2024.  This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bri ...
PSEG Long Island Urges Customers to Know What to Do if Visited by Someone Dressed as a Utility Worker
Prnewswire· 2024-02-09 16:48
PSEG Long Island employees will never insist and in most cases do not need to come inside UNIONDALE, N.Y., Feb. 9, 2024 /PRNewswire/ -- In light of a recent home invasion incident in Nassau County involving robbers dressed as utility workers, PSEG Long Island urges customers to know what its employees look like and what they typically do when making visits to a home. "The safety of customers and employees is our top priority at PSEG Long Island," said Lou Debrino, vice president of Customer Operations for ...