Public Service Enterprise Group FIRST QUARTER 2025 NYSE: PEG Financial Results Presentation April 30, 2025 PSEG First Quarter 2025 Net Income, which is an indicator of financial performance determined in accordance with GAAP. In addition, non-GAAP Operating Earnings as presented in this report may not be comparable to similarly titled measures used by other companies. Forward-Looking Statements Certain of the matters discussed in this report about our and our subsidiaries' future performance, including, wit ...

Financial Performance - PSEG reported a net income of $589 million for Q1 2025, an increase from $532 million in Q1 2024, resulting in earnings per share of $1.18 compared to $1.06 in the previous year[2]. - Non-GAAP operating earnings for Q1 2025 were $718 million, up from $657 million in Q1 2024, with earnings per share of $1.43 compared to $1.31[2]. - The increase in PSE&G's net income reflects new electric and gas base distribution rates implemented in October 2024, contributing to higher revenue collection during winter months[8]. - Net income for Q1 2025 was $589 million, compared to $532 million in Q1 2024, reflecting an increase of 10.7%[27]. - Operating earnings (non-GAAP) for Q1 2025 were $718 million, up from $657 million in Q1 2024, indicating a growth of 9.3%[38]. - Operating revenues for the three months ended March 31, 2025, increased to $3,222 million, up from $2,760 million in the same period of 2024, representing a growth of 16.7%[22]. Capital Investment and Growth Outlook - The company maintains its 2025 non-GAAP operating earnings guidance of $3.94 - $4.06 per share[1]. - PSEG's regulated capital investment plan for 2025 focuses on infrastructure replacement and modernization, with over $3 billion invested in electric and gas systems in recent years[4][8]. - PSEG aims for a compound annual growth outlook of 5% to 7% for non-GAAP operating earnings from 2025 to 2029[6]. Sales and Demand - Electric sales for residential customers increased by 6% to 3,290 million kWh in Q1 2025 compared to Q1 2024[29]. - Total gas sales increased by 7% to 1,372 million therms in Q1 2025, with residential sales rising by 14%[31]. - The company experienced a quarterly increase in large load inquiries for new service connections, totaling over 6,400 MW of capacity requested as of March 31[4]. Expenses and Debt - Total operating expenses for Q1 2025 were $2,425 million, compared to $2,075 million in Q1 2024, an increase of 16.9%[22]. - The company reported a total debt of $23,398 million as of March 31, 2025, up from $22,707 million at the end of 2024[25]. Stock Performance and Dividends - PSEG declared a first-quarter common stock dividend of $0.63 per share, representing an indicative annual rate of $2.52 per share, a 5% increase for 2025[6]. - The stock price at the end of Q1 2025 was $82.30, compared to $66.78 at the end of Q1 2024, reflecting a year-over-year increase of 23.2%[36]. - The dividend yield for Q1 2025 was 3.1%, down from 3.6% in Q1 2024[36]. - The weighted average common shares outstanding for Q1 2025 were 500 million, unchanged from Q1 2024[38]. Operational Efficiency - PSEG Nuclear generated approximately 8.4 terawatt hours of energy in Q1 2025, achieving a capacity factor of 99.9%[6]. - PSEG's focus on cost management and financial flexibility supports its strategic goals and capital investment plans[6].

Core Viewpoint - PSEG is expected to report quarterly earnings of $1.46 per share, an 11.5% increase year-over-year, with revenues projected at $2.85 billion, reflecting a 3.3% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 2.6% over the past 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock performance [3]. Key Metrics - Analysts estimate 'Revenue- PSE&G' will reach $2.50 billion, a 7.2% increase from the prior-year quarter [5]. - The consensus for 'Revenue- Power & Other' is $591.45 million, indicating a significant decrease of 32.2% from the prior-year quarter [5]. - 'Electric sales' are projected at 10,130.81 KWH, up from 9,731 KWH in the previous year [5]. Stock Performance - PSEG shares have increased by 1.3% in the past month, contrasting with the Zacks S&P 500 composite's decline of 4.8% [6]. - PSEG holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6].

NEWARK, N.J., April 22, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.63 per share dividend on the outstanding common stock of the company for the second quarter of 2025.All dividends for the second quarter are payable on or before June 30, 2025, to shareholders of record on June 9, 2025.About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission a ...

On Thursday, we had something we haven’t gotten a lot of lately – an IPO for a substantial Chinese consumer company. Chagee Holdings Limited (NASDAQ: CHA ) is probably not something immediately recognizable forI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible State ...

In the equity market, investments always need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in times of extreme market instability.The investing track of the Oracle of Omaha over the past few decades and his gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor might give us all t ...

PSEG Long Island and Suffolk County join forces for the popular Energy-Saving Trees giveaway UNIONDALE, N.Y., April 15, 2025 /PRNewswire/ -- In honor of Earth Day, PSEG Long Island and Suffolk County, in partnership with the PSEG Foundation and the Arbor Day Foundation, will provide more than 230 customers in Suffolk County with a free tree through the Energy-Saving Trees program. The program showcases how planting the right trees in the right location can reduce utility bills and promote ongoing system rel ...

NEWARK, N.J., April 8, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2025 earnings call at 11:00 a.m. ET on Wednesday, 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 ...

Group 1: Market Reactions and Economic Impact - President Trump's "Liberation Day" has led to a 10% baseline reciprocal tariff on nearly all U.S. trading partners and a 25% tariff on foreign-made vehicles, resulting in a significant stock market sell-off and international retaliation [1] - The tech-heavy Nasdaq Composite dropped 6% in response, with the "Magnificent Seven" losing nearly $1 trillion in market capitalization [1] - The risk of recession has resurfaced, indicating a challenging economic environment for investors [1] Group 2: Investment Strategies - In times of market volatility, investors are shifting towards value investing as a strategy to capitalize on discounted stock prices [2] - Value investing involves selecting stocks that are undervalued based on metrics such as dividend yield, P/E, or P/B ratios [4] - The PEG ratio, which considers earnings growth potential, is highlighted as a crucial metric for identifying true value stocks [5][6] Group 3: Stock Picks and Performance - Four stocks identified as strong candidates for value investing include Qifu Technology, Suzano, Fresenius Medical Care, and JD.com [3] - Qifu Technology has a long-term historical earnings growth rate of 39.1%, a Value Score of A, and a Zacks Rank of 1 [9][10] - Suzano boasts a long-term expected growth rate of 55.7%, a Zacks Rank of 2, and a Value Score of A [11] - Fresenius Medical has a five-year expected growth rate of 11.9%, a Zacks Rank of 1, and a Value Score of A [12] - JD.com has a five-year historical growth rate of 44.3%, a Zacks Rank of 1, and a Value Score of A [14]

At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks — JD. ...