PSEG Reports Q3 2026 Earnings of $0.76 Per Share Net Income
Public Service Enterprise Group posts third-quarter net income of $0.76 per share and reaffirms its full-year non-GAAP guidance range.
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 same period.
The company maintained its full-year 2026 non-GAAP operating earnings guidance in the range of $4.28 to $4.40 per share, signaling management confidence in the trajectory of its regulated utility operations through the remainder of the year.
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The gap between reported net income and non-GAAP operating earnings — a difference of $0.39 per share in the quarter — is typical for large utility companies, which often exclude items such as mark-to-market adjustments, asset sales, and other one-time charges when presenting adjusted results to investors.
PSEG is one of the largest utility companies in the northeastern United States, serving customers primarily through its Public Service Electric and Gas subsidiary in New Jersey. The reaffirmation of guidance suggests the company does not anticipate material disruptions to earnings for the final stretch of the fiscal year.
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