Public Service Enterprise Group: Regulated Growth And Nuclear Upside Option

I initiate Public Service Enterprise Group with a buy rating, driven by its robust regulated investment program and strong nuclear generation assets. PEG's $22.5–$25.5 billion regulated capex plan underpins a credible 6–8% operating earnings growth outlook, contingent on timely rate base conversion. PEG's nuclear fleet delivers reliable, carbon-free baseload power, positioning PEG to benefit from surging data center and commercial electricity demand.

Seeking Alpha • Aug 18, 2026

Public Service Enterprise Group Q2 Earnings Call Highlights

Public Service Enterprise Group NYSE: PEG reaffirmed its full-year 2026 operating-earnings outlook after reporting second-quarter results supported by utility infrastructure investments and improved performance at its power business.

MarketBeat • Aug 5, 2026

Public Service Enterprise beats profit estimates on electric and gas unit boost

U.S. utility Public Service Enterprise on Tuesday beat second-quarter profit estimates, helped by strength at its ​electric and gas unit while higher interest ‌costs weighed on its power-generation business.

Reuters • Aug 4, 2026

Public Service Enterprise Group Incorporated (PEG) Q2 2026 Earnings Call Transcript

Public Service Enterprise Group Incorporated (PEG) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 4, 2026

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 $4.28 - $4.40 Per Share NEWARK, N.J., Aug. 4, 2026 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the second quarter and six months ended June 30, 2026: PSEG Consolidated (unaudited) Second Quarter Comparative Results   Income Earnings Per Share ($ millions, except per share amounts) 2026 2025 2026 2025 Net Income $334 $585 $0.67 $1.17   Reconciling Items 91 (201) 0.19 (0.40) Non-GAAP Operating Earnings $425 $384 $0.86 $0.77   Average Shares Outstanding (Diluted) 499 500 See Attachments 8 and 9 for a complete list of items excluded from Net Income/(Loss) in the determination of non-GAAP Operating Earnings.

PRNewsWire • Aug 4, 2026

PSEG (PEG) Tops Q2 Earnings Estimates

PSEG (PEG) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.77 per share a year ago.

Zacks Investment Research • Aug 4, 2026

PSEG (PEG) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for PSEG (PEG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research • Aug 4, 2026

PEG Q2 Earnings Outpace Expectations, Revenues Decrease Y/Y

PSEG beats Q2 earnings estimates as utility investments, higher realized prices and nuclear generation support results despite lower revenues.

Zacks Investment Research • Aug 4, 2026

Public Service Enterprise Stock to Post Q2 Earnings: What's in Store?

PEG heads into Q2 with grid investments, rate increases and rising power demand in focus, but higher costs may temper expected earnings growth.

Zacks Investment Research • Jul 31, 2026

PSEG (PEG) Reports Next Week: Wall Street Expects Earnings Growth

PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research • Jul 28, 2026