PEG Stock Recent News

$0.87 PER SHARE NET INCOME $0.63 PER SHARE NON-GAAP OPERATING EARNINGS Reaffirms Full-Year 2024 Non-GAAP Operating Earnings Guidance NEWARK, N.J., July 30, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the second quarter of 2024: PSEG Consolidated (unaudited)Second Quarter Comparative Results Income Diluted Earnings Per Share ($ millions, except per share amounts) 2Q 2024 2Q 2023 2Q 2024 2Q 2023 Net Income $434 $591 $0.87 $1.18   Reconciling Items (121) (240) (0.24) (0.48) Non-GAAP Operating Earnings $313 $351 $0.63 $0.70   Average Shares 500 500 See Attachments 8 and 9 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings.

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.

PSEG's (PEG) Q2 results are likely to benefit from the favorable weather pattern. However, higher interest expenses may have hurt earnings.

PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Public Service Enterprise Group is the largest electric and natural gas utility in New Jersey, with its service territory encompassing most of the state. PEG stock yields 3.22%, lower than some peers, but increases dividends annually, potentially offering higher yields in the future. The company's net debt and net interest expenses have been rising, which has been putting pressure on the company's ability to grow its earnings.

NEWARK, N.J. , July 15, 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 third quarter of 2024.

Over 97,000 Retail Appliance Rebates Provided and Approximately $12 Million on Utility Bills Saved for Business Customers Participating in the PSE&G Small Business Direct Install Program NEWARK, N.J., July 9, 2024 /PRNewswire/ -- PSE&G's latest report on its Clean Energy Future Energy Efficiency (CEF-EE) initiatives indicates a continuation of positive results from programs implementation through March 31, 2024.

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Investors interested in Utility - Electric Power stocks are likely familiar with CenterPoint Energy (CNP) and PSEG (PEG). But which of these two companies is the best option for those looking for undervalued stocks?

NEWARK, N.J., July 2, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2024 earnings call at 11:00 a.m.