---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-105862"
form_type: "8-K"
ticker: "PEG"
cik: "0000788784"
company_name: "PUBLIC SERVICE ENTERPRISE GROUP INC"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T03:05:02.545492+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PSEG Q1 GAAP EPS $1.18, non-GAAP $1.43; maintains FY25 guidance $3.94-$4.06; dividend raised 5%

## Summary
- Net income $589M ($1.18 EPS) vs $532M ($1.06) YoY; non-GAAP operating earnings $718M ($1.43) vs $657M ($1.31).
- Maintains 2025 non-GAAP OE guidance $3.94-$4.06 per share; reaffirms 5-7% CAGR outlook through 2029.
- Q1 dividend raised 5% to $0.63/share ($2.52 annualized), reflecting continued financial strength.
- PSE&G net income $546M, benefiting from new base rates and seasonal gas revenue; large load inquiries exceed 6,400 MW.
- PSEG Nuclear achieved 99.9% capacity factor, generating 8.4 TWh; cold weather boosted realized prices.

## SEC filing metadata
- accession: 0001193125-25-105862
- form_type: 8-K
- ticker: PEG
- cik: 0000788784
- company_name: PUBLIC SERVICE ENTERPRISE GROUP INC
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788784/000119312525105862/0001193125-25-105862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81033/000119312525105862/d629044d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-105862
- JSON: https://secwatch.observer/filing/0001193125-25-105862.json
- Plain text: https://secwatch.observer/filing/0001193125-25-105862.txt

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