PSEG Posts $0.76 EPS in Q3 2026, Holds Full-Year Guidance

Public Service Enterprise Group (NYSE: PEG) on Monday reported third-quarter 2026 net income of $0.76 per share, while non-GAAP operating earnings came in at $1.15 per share, the Newark, N.J.-based utility holding company announced.

The results reflect the company's continued focus on regulated utility operations, with the non-GAAP figure stripping out one-time items to give investors a clearer view of core performance. The gap between the two measures suggests notable below-the-line charges weighed on reported earnings during the quarter.

Read more Finatrades Launches Three Products to Close Trade Finance Gap →

Despite the quarterly results, PSEG maintained its full-year 2026 non-GAAP operating earnings guidance in a range of $4.28 to $4.40 per share, signaling management confidence in the company's financial trajectory through year-end. Holding guidance steady after a third-quarter report is typically interpreted by analysts as a sign that no material headwinds have emerged in the final stretch of the fiscal year.

PSEG, which operates Public Service Electric and Gas Company as its primary subsidiary serving customers across New Jersey, is among the larger regulated utilities in the northeastern United States. The company has been navigating a capital-intensive environment marked by grid modernization demands and evolving state energy policy requirements.

Continue reading at Earnings.