secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001193125-24-250287
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG Q3 net income $1.04/share; narrows FY2024 non-GAAP EPS guidance to $3.64-$3.68
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- Q3 2024 net income $520M ($1.04 per share) vs $139M ($0.27) in Q3 2023; non-GAAP operating earnings $0.90 vs $0.85.
- Full-year 2024 non-GAAP operating EPS guidance narrowed to $3.64-$3.68 from prior $3.60-$3.70 range.
- PSE&G base rate case approved: $505M annual revenue increase; distribution rate base $17.8B, ROE 9.6%, equity ratio 55%.
- PSE&G CEF-EE II approved: $1.9B energy efficiency investment program plus $1B customer on-bill repayment, both rate base.
- Five-year capital plan $19B-$22.5B funded without equity issuance; nuclear production tax credit benefiting results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312524250287/0001193125-24-250287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312524250287/d901097d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-250287

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