Public Service (PEG) Q2 EPS Jumps 22%
Public Service Enterprise Group (NYSE:PEG), a utility company focused on regulated electric and gas operations in New Jersey and nuclear power production, released its results for Q2 2025 on August 5, 2025. The most important news from the report was a significant earnings beat, with non-GAAP operating earnings per share of $0.77 versus the $0.70 analyst expectation. Net income (GAAP) rose to $585 million, and operating earnings (non-GAAP) reached $384 million. just ahead of estimates for non-GAAP EPS, the definitions regarding non-GAAP revenue and earnings reporting highlight continuing questions about comparability. Overall, the quarter saw strong execution in regulated utilities, solid performance in nuclear generation, and continued investments in clean energy and modernization—along with a 5% dividend increase.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Public Service Enterprise Group (NYSE:PEG) is a diversified energy company, with its core operations centered around Public Service Electric Gas (PSE), a regulated utility, and its nuclear power generation arm. The utility delivers electricity and natural gas to millions of customers across New Jersey, while also managing one of the region’s largest nuclear fleets through PSEG Power Other.
Source Fool.com
