Categories Earnings, Energy

Earnings Summary: Public Service Enterprise (PEG) reports Q4 2023 results

Public Service Enterprise Group (NYSE: PEG), a diversified energy company, announced financial results for the fourth quarter of 2023.

  • Fourth-quarter net income declined to $546 million or $1.10 per share from $788 million or $1.58 per share in the prior-year period
  • Total operating revenues decreased to $2.61 billion in Q4 from $3.14 billion in the same period of 2022
  • On an adjusted basis, operating income per share was $0.54 in the December quarter, vs. $0.64 a year earlier
  • The management updated its five-year regulated capital spending plan to $18 billion to $21 billion
  • The company also reaffirmed its full-year 2024 adjusted operating earnings guidance range of $3.60 to $3.70 per share

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Key metrics from Biogen’s (BIIB) Q4 2024 earnings results

Biogen Inc. (NASDAQ: BIIB) reported its fourth quarter 2024 earnings results today. Total revenue increased 3% year-over-year to $2.5 billion.   Net income attributable to Biogen Inc. was $266.8 million,

Important takeaways from Coca-Cola’s (KO) Q4 2024 earnings

The Coca-Cola Company (NYSE: KO) has wrapped up fiscal 2024 on an upbeat note, reporting stronger-than-expected results for the final quarter of the year. Encouraged by the growth in sales

Walt Disney (DIS): A look at the performance of the streaming business in 1Q25

Shares of The Walt Disney Company (NYSE: DIS) dropped 1% on Tuesday. The stock has gained 6% over the past three months. The company delivered top and bottom line growth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close