secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001193125-23-266794
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG Q3 2023 EPS $0.27 GAAP, $0.85 non-GAAP; reaffirms FY guidance $3.40-$3.50
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- Net income $139M ($0.27/sh) vs $114M ($0.22/sh) YoY; non-GAAP operating earnings $425M ($0.85/sh).
- Reaffirmed FY2023 non-GAAP operating EPS guidance of $3.40-$3.50.
- PSE&G net income $401M ($0.80/sh) flat; PSEG Power & Other net loss $262M.
- Completed pension lift-out (~$1B obligations) with $332M pre-tax settlement charge; sold Kalaeloa fossil unit in July.
- NJ BPU approved GSMP II extension through 2025 for ~$900M; YTD capex $2.7B, FY2023 expected $3.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312523266794/0001193125-23-266794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312523266794/d744252d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-266794

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