Carlotta Chan
Vice President, Investor Relations, PSEG
Replay available
Public Service Enterprise Group Incorporated (NYSE: PEG) Q3 2025 earnings conference call, held 2025-11-03. Replay captured from the company's public earnings webcast.

Vice President, Investor Relations, PSEG
President & CEO, PSEG
Executive Vice President & CFO, PSEG
Analyst, Wells Fargo Securities
Analyst, J.P. Morgan
Analyst, Barclays
Analyst, UBS
Analyst, Evercore ISI
Analyst, Jefferies
Analyst, Goldman Sachs
Analyst, Mizuho Securities
Analyst, Scotiabank
Analyst, Morgan Stanley
To throw your question, please press star and the number 2. If anyone should require operator assistance during the conference, please press star 0 on your telephone keypad. As a reminder, this conference is being recorded today, November 3, 2025, and will be available for replay at any webcast on PSGG's investor relations website at https://investor.psgg.com. I would now like to turn the conference over to Carlotta Chan. Please go ahead. Good morning, and welcome to CSPD's third quarter 2025 earnings presentation. On today's call are Ralph DeRosa, their president and CEO, and Dan Craig, executive vice president and CFO. The press release attachments and live for today's discussion are posted on our IR website at investor.esbt.com, and our 10Q will be filed later today. ESBT's earnings release and other materials discussed during today's call contain forward-looking statements and amendments that are subject to various risks and uncertainties. We will also discuss non-GAAP operating earnings, which differs from net income, as reported in accordance with generally accepted accounting principles, or GAAP, in the United States. We include reconciliations of our non-GAAP financial measures and a disclaimer regarding forward-looking statements on our IR website and in today's materials. Following our prepared remarks, we will conduct a 30-minute question and answer session. I will now turn the call over to Ralph Barroza. Thank you, Carlotta, and thank you all for joining us to review the results we announced this morning and to discuss our outlook for the business over the remainder of the year. BSEG reported solid third quarter and year-to-date operating and financial results, reflecting the expected positive impact of the new rates from the October 2024 distribution rat...