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Public Service Enterprise Group, Inc. (PEG) CEO Ralph Izzo on Q1 2021 Results - Earnings Call Transcript

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Public Service Enterprise Group, Inc. (NYSE:PEG) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET

Company Participants

Carlotta Chan - VP, IR

Ralph Izzo - Chairman, President & CEO

Daniel Cregg - EVP & CFO

Conference Call Participants

Julien Dumoulin-Smith - Bank of America Merrill Lynch

Jeremy Tonet - JPMorgan Chase & Co.

Shahriar Pourreza - Guggenheim Securities

Durgesh Chopra - Evercore ISI

Steve Fleishman - Wolfe Research

Paul Patterson - Glenrock Associates

David Arcaro - Morgan Stanley

Michael Lapides - Goldman Sachs Group

Jonathan Arnold - Vertical Research Partners


Ladies and gentlemen, thank you for standing by. My name is Christi, and I am your event operator today. I would like to welcome everyone to today's conference, Public Service Enterprise Group First Quarter 2021 Earnings Conference Call and Webcast. [Operator Instructions]. As a reminder, the conference is being recorded today, May 5, 2021, and will be available for telephone replay beginning at 2:00 p.m. Eastern Time today until 11:30 p.m. Eastern Time on May 11, 2021. It will also be available as an audio webcast on PSEG's corporate website at investor.pseg.com.

I would now like to turn the conference over to Carlotta Chan. Please go ahead.

Carlotta Chan

Thank you, Christi. Good morning. PSEG released first quarter 2021 earnings results earlier today. The earnings release, attachments and today's slides can be found on the PSEG Investor Relations website, and our 10-Q will be filed shortly. The earnings release and other matters we will discuss on today's call contain forward-looking statements and estimates that are subject to various risks and uncertainties.

We also discuss non-GAAP operating earnings and non-GAAP adjusted EBITDA, which differ from net income as reported in accordance with generally accepted accounting principles in the United States.

Reconciliations of our non-GAAP financial measures and a

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