PSEG Reports Q4 Revenue of $2.92B, Beating Estimates
Reports Q4 revenue $2.92B, consensus $2.87B. "PSEG closed 2025 with a solid operating and financial performance as results for the fourth quarter represented the high end of our narrowed full year guidance provided in November. PSEG's full year results were achieved while facing multiple severe storms and extreme weather events throughout the year that stressed our electric and gas systems, during which PSE&G demonstrated excellent operating performance in safety, reliability and customer satisfaction measures. Furthermore, on the customer front, we implemented the Summer Relief Initiative in cooperation with New Jersey regulators and policymakers to help our customers manage the impact of last summer's rise in PJM-related electric supply costs. On the generating side, PSEG Nuclear posted a 91.2% capacity factor for the full year, producing 24x7, carbon-free baseload power for the grid during the intense June 2025 heatwave when New Jersey needed it most," said Ralph LaRossa, chair, president and CEO of PSEG.
