---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-200002"
form_type: "8-K"
ticker: "PEG"
cik: "0000788784"
company_name: "PUBLIC SERVICE ENTERPRISE GROUP INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:47:24.766157+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PSEG Q2 non-GAAP EPS $0.70 vs $0.64 YoY; reaffirms FY guidance $3.40-$3.50

## Summary
- Net income $591M ($1.18 EPS) vs $131M ($0.26) in Q2 2022; non-GAAP op earnings $351M ($0.70) vs $320M ($0.64).
- Reaffirms FY2023 non-GAAP EPS guidance $3.40-$3.50; rate base growth 6%-7.5% through 2027.
- Completed sale of offshore wind investment; pension lift-out transfers ~$1B obligations to Prudential for ~2,000 retirees; expects $225M-$260M non-cash charge in Q3.
- PSE&G non-GAAP op earnings $341M vs $305M; PSEG Power & Other $10M vs $15M.
- Long-term non-GAAP op earnings growth rate 5%-7% through 2027.

## SEC filing metadata
- accession: 0001193125-23-200002
- form_type: 8-K
- ticker: PEG
- cik: 0000788784
- company_name: PUBLIC SERVICE ENTERPRISE GROUP INC
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788784/000119312523200002/0001193125-23-200002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81033/000119312523200002/d505366d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-200002
- JSON: https://secwatch.observer/filing/0001193125-23-200002.json
- Plain text: https://secwatch.observer/filing/0001193125-23-200002.txt

## Key facts
- Earnings Releases
  PUBLIC SERVICE ENTERPRISE GROUP INC reported second quarter 2023 results: net income Net Income of $591 million, or $1.18 per share, EPS $1.18 per share. Guidance reaffirmed.
  - Period: second quarter 2023
  - Net income: Net Income of $591 million, or $1.18 per share
  - EPS: $1.18 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: PSEG announced financial results for the three and six months ended June 30, 2023. A copy of the earnings release dated August 1, 2023 is furnished as Exhibit 99 to this Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788784/000119312523200002/0001193125-23-200002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.