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Dec 31, 2023
PSEG Q4 2023 Earnings Report
PSEG reported solid operating and financial performance for Q4 2023, with non-GAAP operating earnings of $0.54 per share.
Key Takeaways
PSEG's Q4 2023 results showed a net income of $546 million, or $1.10 per share. Non-GAAP operating earnings were $271 million, or $0.54 per share. The company reaffirmed its 2024 non-GAAP operating earnings guidance of $3.60 to $3.70 per share.
PSEG achieved solid operating and financial performance in 2023.
PSE&G efficiently completed its largest ever capital investment plan in a single year, totaling $3.7 billion.
PSEG streamlined its business mix by retaining its nuclear fleet and exiting offshore wind generation.
PSEG reaffirmed its non-GAAP Operating Earnings guidance range of $3.60 to $3.70 per share for 2024.
Forward Guidance
PSEG reaffirmed its non-GAAP Operating Earnings guidance range of $3.60 to $3.70 per share for 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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