PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) Form 8-K — Nov 2, 2026
PSEG reported Q3 2026 non-GAAP Operating Earnings of $1.15 per share ($574M), up slightly from $1.13 a year ago, and maintained full-year 2026 guidance of $4.28-$4.40 per share. GAAP net income fell to $376M ($0.76/share) from $622M ($1.24/share), driven by mark-to-market and Nuclear Decommissioning Trust losses excluded from non-GAAP results. PSEG Power & Other posted a Q3 net loss of $130M while the PSE&G utility segment earned $506M.
Key figures
- Eps
- $0.76 GAAP; $1.15 non-GAAP Operating Earnings (Q3 2026)
- Eps Beat
- 0
- Revenue
- $3,020M Q3 2026 vs $3,226M Q3 2025
- Guidance
- 2026 non-GAAP Operating Earnings maintained at $4.28-$4.40 per share
- Net Income
- $376M Q3 2026 vs $622M Q3 2025
- Total Debt
- $25,634M total debt
- Revenue Yoy
- -6.4% (Q3)
- Cash Position
- $837M cash and cash equivalents; ~$3.9B total available liquidity
- Shares Outstanding
- 499
- Ytd net income
- $1,451M vs $1,796M
- Mtm loss pretax q3
- $251M
- Regulated capex 2026
- ~$4.2B
- Nuclear generation q3
- 8.2 TWh
- Long term earnings cagr
- 6%-8% through 2030
- Capital program 2026 2030
- $24B-$28B
- Nuclear capacity factor q3
- 95.5%
- Pseg power other q3 net loss
- $(130)M
- Non gaap operating earnings q3
- $574M
- Non gaap operating earnings ytd
- $1,777M vs $1,667M prior year
AI analysis
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