$PEG

PUBLIC SERVICE ENTERPRISE GROUP INC

0
6
1
$159K
LaRossa Ralph A
100%
Med

PEG’s Q2 Earnings Missed on Revenue by 6% But The EPS Beat Told a Different Story.

Public Service Enterprise Group (PEG) reported Q2 2026 revenue of $2.55B, 6.35% below the $2.73B Street estimate, and down 8.95% YoY. Adjusted EPS was $0.86, beating the $0.80 estimate and up 11.69% YoY. Management reaffirmed 2026 non-GAAP operating EPS guidance of $4.28 to $4.40 and 6% to 8% growth through 2030, while planning a new base rate case by year-end 2026.

Public Service Enterprise Group Q2 Earnings Call Highlights

Public Service Enterprise Group (PSEG) said it invested about $1 billion in Q2 and expects about $4.2 billion of regulated capital spending in 2026. It reaffirmed a $22.5 billion to $25.5 billion regulated capital plan through 2030. PSE&G reported restoring about 380,000 customers within 24 hours after July 4 severe weather and expects a base-rate filing by end-2026.

PEG sentiment & insider activity

Over the past 7 days, alphai's AI scored 7 news stories mentioning PEG (PUBLIC SERVICE ENTERPRISE GROUP INC). Coverage has skewed bearish: 0 bullish, 6 neutral, and 1 bearish.

Recent PEG coverage spans earnings, regulation and corporate actions.

In the last 30 days, PEG insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($159K). The most active reporter was LaRossa Ralph A, Chair, President and CEO, with 1 filing. 100% of activity was filed under pre-arranged Rule 10b5-1 plans.

What's driving PEG

  • The key trade is the split between a revenue miss and an EPS beat, while guidance stays steady and a new base rate case is planned by year-end 2026.

    tikr.com · Aug 6, 2026

  • Earlier base-rate filing timing and detailed regulatory/nuclear datapoints can shift expectations for earnings visibility and rate-base growth.

    yahoo.com · Aug 5, 2026

  • The article frames a mismatch between reaffirmed guidance and weaker Q2 fundamentals (revenue and net income declines), keeping regulatory and rate-sensitivity risk in focus.

    simplywall.st · Aug 5, 2026

  • Guidance maintenance reduces near-term earnings surprise risk, while the nuclear output contracting possibility keeps optionality on future margins and cash flows.

    rttnews.com · Aug 4, 2026

  • Guidance reaffirmation plus storm-driven operational narrative and segment earnings detail can move utility earnings expectations, but the key tradable item is the maintained FY outlook.

    SEC EDGAR 8-K · Aug 4, 2026

alphai scores every news story that mentions PEG with an AI model for sentiment and relevance, and aggregates insider trades from PUBLIC SERVICE ENTERPRISE GROUP INC's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $PEG

Score
$PEGMedAI 8/10

PEG’s Q2 Earnings Missed on Revenue by 6% But The EPS Beat Told a Different Story.

Public Service Enterprise Group (PEG) reported Q2 2026 revenue of $2.55B, 6.35% below the $2.73B Street estimate, and down 8.95% YoY. Adjusted EPS was $0.86, beating the $0.80 estimate and up 11.69% YoY. Management reaffirmed 2026 non-GAAP operating EPS guidance of $4.28 to $4.40 and 6% to 8% growth through 2030, while planning a new base rate case by year-end 2026.

$PEGMed

Public Service Enterprise Group Q2 Earnings Call Highlights

Public Service Enterprise Group (PSEG) said it invested about $1 billion in Q2 and expects about $4.2 billion of regulated capital spending in 2026. It reaffirmed a $22.5 billion to $25.5 billion regulated capital plan through 2030. PSE&G reported restoring about 380,000 customers within 24 hours after July 4 severe weather and expects a base-rate filing by end-2026.

$PEGLow

PSEG Again Maintains FY26 Operating Earnings Outlook - Update

Public Service Enterprise Group (PSEG, PEG) reported second-quarter results and again kept its FY2026 operating earnings guidance at $4.28 to $4.40 per share. The company also reaffirmed its 6% to 8% annual operating earnings growth outlook through 2030, citing continued incremental opportunities including potential nuclear output contracting. PEG traded around $76.80 premarket.

$PEGMedAI 8/10

PUBLIC SERVICE ENTERPRISE GROUP INC (PEG): Results of Operations and Financial Condition

PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99 2 d101695dex99.htm EX-99 EX-99 Exhibit 99 Public Service Enterprise Group 80 Park Plaza Newark, NJ 07102 PSEG ANNOUNCES SECOND QUARTER 2026 RESULTS $0.67 PER SHARE NET INCOME $0.86 PER SHARE NON-GAAP OPERATING EARNINGS Maintains 2026 Non-GAAP Operating Earnings Guidance of

ROUNDUP: PSEG Again Maintains FY26 Operating Earnings Outlook

PSEG (PEG) reported Q2 results and again kept its FY2026 operating earnings guidance at $4.28 to $4.40 per share. It also reaffirmed a 6% to 8% compound annual growth outlook for operating earnings through 2030. The company said it is pursuing incremental opportunities, including potential nuclear output contracting under multi-year agreements. PEG traded around $76.80 premarket.

$PEGMedAI 8/10

PSEG ANNOUNCES SECOND QUARTER 2026 RESULTS

PSEG (NYSE: PEG) reported Q2 2026 net income of $0.67 per share and non-GAAP operating earnings of $0.86 per share. The company maintained 2026 non-GAAP operating earnings guidance at $4.28 to $4.40 per share and reaffirmed a 6% to 8% annual growth outlook through 2030. Results cited storm restoration, nuclear output, and cost offsets.

$EXCMed

Utility Profits In The Crosshairs Amid Affordability Concerns

UtilityDive reports growing political and consumer pressure to reduce regulated utilities’ allowed return on equity (ROE) amid electricity affordability concerns. A Maryland rate case involving Pepco Holdings is highlighted, with Pepco proposing a 10.5% ROE versus the Office of People’s Counsel’s 7.7%. The article cites $18B in IOU revenue requests and discusses credit-rating and capital-attraction arguments.

$PEGMed

KeyCorp Has Pessimistic Outlook of PEG Q2 Earnings

KeyCorp cut its Q2 2026 EPS estimate for Public Service Enterprise Group (NYSE:PEG) to $0.72 from $0.80, citing a pessimistic outlook. Full-year consensus is about $4.37 EPS. PEG shares opened at $79.80 and are guided to FY2026 EPS of 4.280 to 4.400. Analysts also adjusted price targets and ratings.

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