secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001193125-23-043043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG reports FY2022 net income $1.03B vs loss; narrows 2023 EPS guidance to $3.40-$3.50
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- Full-year 2022 Net Income $1,031M ($2.06 EPS) vs Net Loss $648M ($1.29 EPS) in 2021.
- Non-GAAP Operating Earnings $1,739M ($3.47 EPS) vs $1,853M ($3.65 EPS) in 2021.
- PSE&G Net Income rose 8.2% to $1,565M; rate base $26.4B, up 7.7% YoY.
- 2023 non-GAAP EPS guidance narrowed to $3.40-$3.50 from $3.35-$3.55; dividend set at $2.28/share.
- Sale of 25% Ocean Wind 1 stake to Ørsted expected to close H1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312523043043/0001193125-23-043043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312523043043/d296144d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-043043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer