PSEG reports Q4 adjusted EPS 54c, consensus 52c

Reports Q4 revenue $2.60B, consensus $2.4B. “PSEG achieved solid operating and financial performance in 2023. Our non-GAAP results for the full year came in at the high-end of our 2023 guidance range and marked the 19th consecutive year that we delivered results that met or exceeded our guidance. PSE&G efficiently completed its largest ever capital investment plan in a single year – totaling $3.7 billion – focused on meeting our customers’ needs by modernizing our system infrastructure, maintaining our best in the state reliability and resiliency, and expanding our energy efficiency offerings to customers at every income level to help them reduce their energy usage and bills,” said Ralph LaRossa, PSEG’s chair, president and CEO.