PSEG Q2 2024 operating EPS fell to $0.63 from $0.70; full-year guidance reaffirmed
Public Service Enterprise Group reported second-quarter 2024 net income of $434 million, or $0.87 per share, down from $591 million, or $1.18 per share, a year earlier. Non-GAAP operating earnings were $313 million, or $0.63 per share, compared with $351 million, or $0.70 per share, and the company reaffirmed its full-year 2024 non-GAAP operating earnings guidance of $3.60 to $3.70 per share.
Key points
- Q2 2024 consolidated operating revenues were $2,423 million, compared with $2,421 million in Q2 2023.
- Q2 2024 net income was $434 million ($0.87 per share), versus $591 million ($1.18 per share) in Q2 2023.
- Non-GAAP operating earnings were $313 million ($0.63 per share), versus $351 million ($0.70 per share).
- Full-year 2024 non-GAAP operating earnings guidance of $3.60 to $3.70 per share was reaffirmed.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.