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25.02.2025 13:52:02
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Public Service Enterprise Guides FY24 Operating Earnings In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, Public Service Enterprise Group, Inc. (PEG) initiated its operating earnings guidance for the full-year 2025 in a range of $3.94 to $4.06 per share.
On average, 20 analysts polled expect the company to report earnings of $4.01 per share for the year. Analysts' estimates typically exclude special items.
The company raised its 2025-2029 capital spending plan to $22.5 billion to $26 billion from the prior five-year plan of $18 billion to $21 billion.
For 2025, the company plans to invest $3.8 billion on regulated investments focused on infrastructure modernization, energy efficiency, electrification initiatives and load growth.
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