PSEG Reports Q3 2026 Earnings of $0.76 Per Share Net Income
Public Service Enterprise Group posted $0.76 per share net income and $1.15 non-GAAP operating earnings in Q3 2026, maintaining full-year guidance.
Public Service Enterprise Group (NYSE: PEG) reported third-quarter 2026 net income of $0.76 per share, the Newark, N.J.-based utility holding company announced Monday, alongside non-GAAP operating earnings of $1.15 per share for the period.
The company held its full-year 2026 non-GAAP operating earnings guidance steady at a range of $4.28 to $4.40 per share, signaling management confidence in the utility's performance trajectory through year-end despite broader macroeconomic pressures facing the energy sector.
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The gap between GAAP net income and the non-GAAP operating earnings figure reflects adjustments that management typically uses to strip out one-time items or mark-to-market movements, giving investors a cleaner view of the underlying regulated utility business. PSEG serves millions of electric and gas customers primarily across New Jersey through its PSE&G subsidiary.
Maintaining guidance after the third quarter is considered a meaningful signal for utility investors, who rely heavily on earnings predictability when assessing dividend sustainability and regulated-asset growth stories. PSEG has been among the utilities expanding its capital investment program to meet rising electricity demand tied to data center growth and electrification trends in the mid-Atlantic region.
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