PSEG To Announce First Quarter 2025 Financial Results On April 30
The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.
A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by May 1.
About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).
From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings. You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here.
CONTACTS:Investor Relations
Media Relations
PSEG-IR-GeneralInquiry@pseg.com
(973) 430-7734ou-communicationspseandg@pseg.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-to-announce-first-quarter-2025-financial-results-on-april-30-302422387.html
SOURCE PSEG
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
22 minutes ago
- Business Insider
3M Stock Bulls Prepare to Pump the Brakes Ahead of Earnings Gauntlet
3M Company (MMM) is a leading industrial powerhouse, but recent years have tested its resilience. Legal battles, rising costs, and restructuring efforts weighed heavily on its performance, causing shares to fall sharply over a prolonged period in the last five years. More recently, the stock has been finding its footing again, with the rebound driven by a diminished perception of risk and signs of returning growth. The past year's price action shows 3M outperforming the S&P 500 (SPX), but there may be trouble ahead. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. As MMM approaches its Q2 earnings report, scheduled for July 18, investors are eager to see if the turnaround story will continue strongly or if challenges remain too significant. The key question is whether 3M can sustain growth amid ongoing headwinds—from tariff impacts to lingering legal uncertainties—and justify its current valuation premium. I'm taking a cautious stance, rating 3M as a Hold ahead of earnings precisely because the outlook remains unclear. It's hard to confidently predict a consistent growth trajectory without major interference from macro headwinds. Rating 3M's Operations When we look at a capital-intensive business like 3M—a company producing a vast range of products and operating numerous plants, labs, and pieces of equipment worldwide—it's clear that efficiently managing investments and turning them into operating profits is key to creating value for shareholders. For example, by taking the company's operating income (EBIT) and dividing it by its net working capital (the money tied up in inventory, receivables, and payables that are essential for daily operations) plus the physical value of its assets (Property, Plant & Equipment), we get a return on investment metric that makes sense for a capital-heavy business like 3M. Right now, based on EBIT, working capital, and PP&E over the last twelve months, 3 M delivers an ROI of around 29%. On the surface, that looks solid—especially compared to an estimated weighted average cost of capital (WACC) of about 8%—but it's still well below the ROI of above 40% that the company consistently delivered four or five years ago. Coincidentally, 3M shares dropped over 50% from their mid-2021 peak to early 2024, only recently recovering to levels seen five years ago. The primary drivers of this decline have been ongoing litigation and escalating legal costs— particularly related to PFAS contamination (the so-called 'forever chemicals') and earplug lawsuits—which have added billions in potential liabilities, significantly impacting EBIT and increasing operating expenses. As a result, transformation initiatives have become unavoidable. In recent years, 3M has been actively restructuring and simplifying its portfolio, but that also comes with upfront charges, write-downs, and investments in new technologies. On top of that, the post-COVID surge in raw material costs, plus transportation and labor headwinds, has added even more pressure to the company's margins. A Closer Look at Latest Turnaround Developments The good news is that the market seems to be betting on a turnaround at 3M, especially with shares back near the $160 level again. In the most recent quarter (Q1), 3M posted organic revenue growth of 1.5% year-over-year, while expanding adjusted operating margins to 23.5%—an increase of 2.2 points year-over-year and already above the pre-pandemic level of 19.2%. In fact, based on the updated 2025 guidance, management was encouraged by the strong start to the year in Q1. They reaffirmed their outlook for organic sales growth of 2% to 3% —at or above macro trends —and EPS between $7.60 and $7.90, driven by margin expansion and an estimated conversion of about 100% of its earnings into free cash flow. Looking further ahead, long-term EPS growth points to a 5-year CAGR of around 6.6%, which is slightly lower than six months ago, when the same period was expected to see a CAGR of 6.9%. At a similar pace, the 5-year revenue CAGR is now estimated at 3.9%, just a bit softer than the 4.1% forecast earlier this year. I would attribute these more cautious revisions mainly to the impact of tariffs. As management highlighted in Q1, tariffs are expected to have a $850 million annual impact, which could shave about $0.20 off EPS. On top of that, there's the ongoing drag from legal uncertainties, like the billion-dollar settlements tied to PFAS and earplug lawsuits, which continue to drain cash and require additional provisions. As Q2 results approach, the numbers to beat are an estimated EPS of $2.01 (up 4% year-over-year) and revenues of $6.1 billion (down 3% year-over-year). However, historically, it's the annual guidance that's often the primary driver of post-earnings sentiment. In this case, management's tone has been cautious, signaling that the solid Q1 performance might not carry through to full-year results, with tariff risks, softer GDP, and global auto production potentially weighing on projections. That's why I'm somewhat uneasy with 3M trading at roughly a 15% premium to the sector, based on a forward EBITDA multiple of 13.5x —nearly 20% above its own five-year average. Viewed through an earnings yield lens—using operating profit divided by enterprise value (a helpful measure for capital-intensive businesses)—3M's trailing figures translate to an earnings yield of about 4.5%, based on $4.15 billion in operating profit and a $91.1 billion enterprise value. That falls short of a reasonable weighted average cost of capital (WACC), even under optimistic assumptions. Put simply, the company's operating return doesn't adequately justify its risk and cost of capital. For an industrial blue chip still facing significant legal overhangs, I believe a 6%–7% earnings yield is more appropriate to compensate for that added risk. Reaching that level would most likely require a reduction in enterprise value, rather than a dramatic improvement in operating profit. Is 3M a Buy, Hold, or Sell? Although Wall Street's consensus is mostly bullish, there's still plenty of room for skepticism around the investment case. Of the 11 analysts covering the stock over the past three months, six are bullish, three are neutral, and two are bearish. MMM's average stock price target stands at $155.36, which implies ~1.5% downside from the current share price. Uncertainty Lingers for MMM Amid Legal Risks and Lofty Valuation I'd say the outlook is still pretty opaque for 3M heading into its Q2 earnings. The growth and synergies from the turnaround, in my opinion, just don't put enough certainty behind the risks of betting on a business that could still disappoint on growth—while facing bigger legal and tariff headwinds—all while trading at what might be stretched multiples. That said, I'm keeping 3M rated as a Hold for the time being. Given tepid consumer demand and ongoing macro pressures, it's still very uncertain whether the company can do more than just beat estimates—in other words, actually raise guidance.
Yahoo
26 minutes ago
- Yahoo
HubSpot's (HUBS) Growth Narrative Still Intact Despite Weak Q1, Jefferies Analyst Says
HubSpot Inc. (NYSE:HUBS) is one of the 11 best debt-free stocks to invest in right now. In a report published in early June, Jefferies analyst Samad Samana maintained a Buy rating on HubSpot and reaffirmed his $700 price target, despite recent stock weakness. The stock had declined roughly 10% following the company's Q1 2025 results, which Samana attributed to investor concerns around the company's forward guidance. The analyst noted that the exit growth rate implied from the guidance was lower than previously anticipated, and slightly soured the investor sentiment. A marketing manager looking at the data dashboard of a marketing automation software showing successful campaign results. Samana acknowledged that current valuation levels appear to reflect these concerns. However, he believes that a return to 20% revenue growth could help restore investor confidence and reestablish a valuation premium for the stock. To assess near-term momentum, the analyst collaborated with a HubSpot partner to gain a deeper understanding of recent demand dynamics and evaluate competitive pressure from Salesforce. According to the analyst, feedback from the partner was constructive, suggesting that demand has increased since the quarter began and that broader macroeconomic headwinds may be easing. Samana concludes that if HubSpot delivers a solid Q2, the company could regain its growth narrative and shift investor sentiment in a more positive direction. HubSpot Inc. (NYSE:HUBS) is a provider of cloud-based software that helps businesses attract, engage, and retain customers. While we acknowledge the potential of HUBS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
41 minutes ago
- Yahoo
DA Davidson Initiates Coverage on LiveRamp Holdings (RAMP) Stock, Gives Buy
LiveRamp Holdings, Inc. (NYSE:RAMP) is one of the Top 10 Software and Technology Stocks to Buy Now. DA Davidson initiated coverage on the company's stock with a 'Buy' rating and a price objective of $45.00. The research firm cited the company's underappreciated network effects and growing importance as a critical intermediary in the broader data collaboration ecosystem as the critical factors for the positive outlook. Notably, the firm expects top-line growth reacceleration in FY 2027 as a potential catalyst for LiveRamp Holdings, Inc. (NYSE:RAMP)'s stock. A close-up view of a modern server rack, with its bright blinking lights. DA Davidson managed to identify numerous growth drivers for LiveRamp Holdings, Inc. (NYSE:RAMP), such as upselling opportunities with cross-media intelligence and clean room solutions, pricing redesign tailwinds, as well as continued mid-teens growth in its data marketplace. LiveRamp Holdings, Inc. (NYSE:RAMP) closed FY 2025 with 128 customers whose annualized subscription revenue surpasses $1 million as compared to 115 in the prior year, with current remaining performance obligations (CRPO) coming at $471 million, up 14% compared to the prior-year period. The company remains focused on helping customers optimize the ad spend through harnessing the power of its Data Collaboration Network and prudently managing its costs and growth investments. LiveRamp Holdings, Inc. (NYSE:RAMP) is a technology company that is engaged in operating a data collaboration platform. While we acknowledge the potential of RAMP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
