secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001193125-24-045482
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG FY2023 non-GAAP EPS $3.48, at high-end guidance; reaffirms 2024 view $3.60-$3.70, raises dividend
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- Full-year 2023 non-GAAP operating EPS of $3.48, at high-end of guidance range; 19th consecutive year meeting or exceeding guidance.
- Net income of $2.56B ($5.13 diluted EPS) vs $1.03B ($2.06) in 2022; Q4 net income $546M ($1.10 EPS).
- Reaffirmed 2024 non-GAAP operating EPS guidance of $3.60-$3.70; raised annual dividend rate to $2.40/share.
- PSE&G FY2023 non-GAAP operating EPS $3.06; PSEG Power & Other $0.42.
- PSE&G filed base rate case seeking recovery of $3B+ investments; first rate case since 2018.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312524045482/0001193125-24-045482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312524045482/d749167d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-045482

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