Public Service Enterprise Group Incorporated (NYSE:PEG) Q4 2025 Earnings Call Transcript

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Public Service Enterprise Group (PSEG) reported its Q4 and full-year 2025 earnings, with non-GAAP operating earnings of $0.72 per share for Q4 and $4.05 for the full year, exceeding expectations. The company also announced a 6% increase in its 2026 dividend to $2.68 per share and updated its long-term non-GAAP operating earnings CAGR to 6-8% through 2030, supported by robust regulated capital investments and strong operational performance across its utility and nuclear segments. PSEG discussed strategies for managing utility costs for customers, ongoing infrastructure modernization, and potential for growth through new generation opportunities in New Jersey.

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