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PEGPublic Service Enterprise Group

Utilities · Electric & Gas Utilities · NYSE

We were incorporated under the laws of the State of New Jersey in 1985 and our principal executive offices are located at 80 Park Plaza, Newark, New Jersey 07102. 10-K, Item 1

Headquarters
Newark, NJ
CEO
Ralph A. LaRossa
Next results
around Feb 25, 2027
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The numbers PEG said it expected, in its earnings releases of the last 3 years, next to what it then reported for the same period. Each target links to the sentence in the release; each result to the 10-Q or 10-K it was first reported in.

TargetWhat the company saidReportedResult
Capital expenditures
Fiscal 2028
Given $18.00B to $21.00B release 2024-02-26
– Not reported yet
The company's words
Looking ahead, PSEG recently updated its five-year regulated capital spending plan to $18 billion to $21 billion, which supports our outlook for compound annual growth in rate base (of 6% to 7.5%) and for non-GAAPOperating Earnings (of 5% to 7%) over the 2024 to 2028 period. 2 release 2024-02-26
Capital expenditures (company-defined)
Fiscal 2026
Given $24.00B to $28.00B release 2026-02-26
– No standard number
The company's words
PSEG initiated full year 2026 non-GAAP Operating Earnings guidance in … PSEG’s 2026-2030 capital spending plan of $24 billion to $28 billion release 2026-02-26
Diluted EPS (company-defined)
Fiscal 2026
Given $4.28 to $4.40 release 2026-02-26
Kept $4.28 to $4.40 release 2026-05-05
Kept $4.28 to $4.40 release 2026-08-04
Kept $4.28 to $4.40 release 2026-11-02
– No standard number
The company's words
Initiates 2026 non-GAAP Operating Earnings Guidance of $4.28-$4.40 per share, up 7% over 2025 release 2026-02-26
PSEG maintained 2026 non-GAAP Operating Earnings guidance of $4.28 - $4.40 per share release 2026-05-05
PSEG maintained 2026 non-GAAP Operating Earnings guidance of $4.28 - $4.40 per share release 2026-08-04
Our financial results for the third quarter and year-to-dateperiod align with our expectations for the full-year, and we are reaffirming PSEG’s 2026 guidance for non-GAAPOperating Earnings in the range of $4.28 to $4.40 per share,” said Ralph LaRossa, chair, president and CEO of PSEG. release 2026-11-02
Diluted EPS (company-defined)
Fiscal 2025 (ended 2025-12-31)
Given $3.94 to $4.06 release 2025-02-25
Kept $3.94 to $4.06 release 2025-04-30
Kept $3.94 to $4.06 release 2025-08-05
Raised $4.00 to $4.06 release 2025-11-03
– No standard number
The company's words
Initiates 2025 Non-GAAP Operating Earnings Guidance of $3.94 - $4.06 Per Share, midpoint up ~9% over 2024 results release 2025-02-25
PSEG maintained 2025 non-GAAP Operating Earnings guidance of $3.94 - $4.06 per share, representing ~9% increase at the midpoint over 2024 results $3.94 - $4.06 release 2025-04-30
“PSEG’s financial and operating results for the second quarter and first half of 2025 provide us with a solid base to confidently deliver on our full-year 2025 non-GAAPOperating Earnings guidance of $3.94 to $4.06 per share, which is up 9% at the midpoint over 2024 results. release 2025-08-05
PSEG narrows 2025 non-GAAP Operating Earnings guidance to $4.00 - $4.06 per share (from $3.94 - $4.06 per share prior) $4.00 - $4.06 release 2025-11-03
Diluted EPS (company-defined)
Fiscal 2024 (ended 2024-12-31)
Given $3.60 to $3.70 release 2024-02-26
Kept $3.60 to $3.70 release 2024-04-30
Kept $3.60 to $3.70 release 2024-07-30
Raised $3.64 to $3.68 release 2024-11-04
– No standard number
The company's words
LaRossa added, “For 2024, we are reaffirming our non-GAAPOperating Earnings guidance range of $3.60 to $3.70 per share. release 2024-02-26
“We are off to a solid start in 2024, with PSEG’s first-quarter results consistent with our expectations to deliver full-year 2024 non-GAAPOperating Earnings guidance of $3.60 to $3.70 per share. release 2024-04-30
“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-GAAPOperating 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 Jersey history, with minimal system disruption. release 2024-07-30
“PSEG posted solid operating and financial results for the third quarter and year-to-dateperiod, enabling us to narrow our original full-year 2024 non-GAAPOperating Earnings guidance from $3.60 to $3.70 per share to a range of $3.64 to $3.68 per share,” said Ralph LaRossa, chair, president and CEO of PSEG. “We are pleased to have successfully resolved two major regulatory filings in October, including PSE&G’s first base rate case in six years and the second phase of its Clean Energy Future-Energy Efficiency (CEF-EEII) programs,” LaRossa continued. release 2024-11-04
1 target far from the company's reported total, so not compared (usually a target for one product, segment or definition)
  • Capital expenditures, Fiscal 2025 (ended 2025-12-31): said $22.50B to $26.00B, reported $3.27B. The company's words

Targets are read from the sentences of the EX-99 exhibits of 8-K item 2.02 filings (12 releases since 2024-02-26), without AI; in outlook tables only the first column is read. The result compares the reported number with the last range given before the period was reported. Results come from SEC's XBRL company facts, as first reported. A company's target can use its own definition (META's capital expenditures include finance lease payments, for example), so read the quote.

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