PSEG Q2 2026 non-GAAP EPS $0.86 vs $0.77 YoY; maintains FY guidance $4.28-$4.40

PUBLIC SERVICE ENTERPRISE GROUP INC

Q2 net income $334M ($0.67 EPS) vs $585M ($1.17) YoY; non-GAAP operating earnings $425M ($0.86 EPS) vs $384M ($0.77).
PSE&G segment net income $342M, up from $332M; Power & Other net loss $8M vs income $253M (non-GAAP operating earnings $83M vs $52M).
Maintains 2026 non-GAAP operating earnings guidance $4.28-$4.40 per share; reaffirms 5-year growth outlook 6%-8% through 2030.
Five-year capital plan $24B-$28B funded without new equity or asset sales; consistent dividend growth expected.
CEO highlights storm response, peak summer load 10,446 MW, and energy efficiency savings >$1B annually.

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