PG&E Corp. (PCG) Tops Q2 EPS by 22c, Revenues Miss

PG&E Corp. (NYSE: PCG) reported Q2 EPS of $1.16, $0.22 better than the analyst estimate of $0.94. Revenue for the quarter came in at $4.23 billion versus the consensus estimate of $4.32 billion.

“With an intense wildfire season already upon us, PG&E is taking additional precautionary steps in response to last year’s wildfires through our Community Wildfire Safety Program. This includes new technologies and practices intended to improve fire prevention and response to help keep our customers and communities safe. At the same time, we continue to advocate for comprehensive policy reforms, including reforming the flawed legal doctrine of inverse condemnation, that are essential to our state achieving its important climate and clean energy goals,” said PG&E Corporation CEO and President Geisha Williams

For earnings history and earnings-related data on PG&E Corp. (PCG) click here.

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