PSEG Leadership Policies & Goals Recognition & Memberships Glossary of Terms Public Service Enterprise Group Incorporated - Consolidated Operating Earnings (non-GAAP) Reconciliation Lease Related Activity, pre-tax - - (0.01) - Reconciliation of Non-GAAP Operating Earnings A 18 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|-------|---------------------------|----------|------------------------------------|------- ...

Public Service Enterprise Group Incorporated (NYSE:PEG) Q2 2024 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Carlotta Chan - Investor Relations Ralph LaRossa - Chair, President and Chief Executive Officer Dan Cregg - Executive Vice President and Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Jefferies Shar Pourreza - Guggenheim Michael Sullivan - Wolfe Research Nick Campanella - Barclays Jeremy Tonet - JP Morgan David Arcaro - Morgan Stanley Carly Dav ...

Under electric sales, residential sales volumes totaled 3,369 million kilowatt-hours, up 20% from the prior-year quarter's figure. Its commercial and industrial sales volumes accounted for 6,377 million kilowatt-hours, registering a year-over-year improvement of 8%. Highlights of the Release The operating income totaled $582 million in the second quarter compared with $794 million in the year-ago period. This indicated a year-over-year decline of 26.7%. Interest expenses amounted to $218 million in the seco ...

Several stocks, which have surged significantly in the recent past, have shown the overwhelming success of this pure-play investment strategy. Here, we discuss five such stocks — Hilton Grand Vacations (HGV) , Tenet Healthcare (THC) , Universal Health Services (UHS) , Popular, Inc. (BPOP) and B2Gold Corp (BTG) . This is because they often find this ratio complicated, considering the limitations in calculating a stock's future earnings growth potential. Yardsticks, such as dividend yield, P/E or P/B, are com ...

PSEG (PEG) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -1.56%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. Would post earnings of $1.32 per share when it actually produced earnings of $1.31, delivering a surprise of - ...

Exhibit 99 $0.63 PER SHARE NON-GAAP OPERATING EARNINGS "PSEG's financial results for the second quarter and first half are in line with our expectations for the full year, enabling us to reaffirm our full-year 2024 non-GAAP Operating Earnings guidance range of $3.60 to $3.70 per share," said Ralph LaRossa, PSEG's chair, president and CEO. "PSEG responded well to the extreme conditions we experienced during the quarter, which included an early summer heat wave and one of the strongest earthquakes in New Jers ...

$0.87 PER SHARE NET INCOME Reaffirms Full-Year 2024 Non-GAAP Operating Earnings Guidance PSEG Consolidated (unaudited) Second Quarter Comparative Results See Attachments 8 and 9 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings. PSEG Results by Segment | --- | --- | --- | |----------------------------------------|---------|---------| | | | | | ($ millions, except per share amounts) | 2Q 2024 | 2Q 2023 | | Net Income | $302 | $336 | | Net Income Per Sha ...

UNIONDALE, N.Y., July 25, 2024 /PRNewswire/ -- Summer has arrived, and PSEG Long Island is prepared for hurricane season and to meet peak demand during extreme heat situations in the coming months. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9270451-pseg-long-island-prepared-summer-2024/ Storm Hardening Video "Providing reliable electric service to approximately 1.2 million customers is a long-term commitment, and our personnel work year-round to e ...

The company holds a four-quarter average earnings surprise of 7.30%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. In the second quarter of 2024, PSEG's service territories witnessed warmer-than-normal temperatures, resulting in increased electricity demand for cooling purposes. This is expected to have contributed to the company's second-quarter revenues. The Zacks Consensus Estimate for second-quarter revenues is pegged at $2.06 billion, which indicates a dec ...

Ahead of the U.S. presidential election, investors are quite certain about a probable increase in volatility in the equity space. Considering the diverse focus and agenda of the parties, conditional to the voting outcome, a number of sectors are bound to see growth compared to others. While a few months are still left for investors to clearly understand which sectors to put more money in and which sectors to exit, it will be a prudent idea now to follow a hybrid investment strategy to minimize the risk of t ...