PG&E (PCG) Provides Update on Wildfires Financial Impact; Including $10.5B Pre-Tax Charge
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PG&E Corp. (PCG) Tops Q4 EPS by 16c; Records $10.5B Charge Related to 2018 Camp Fire
February 28, 2019 9:06 AM ESTPG&E Corp. (NYSE: PCG) reported Q4 EPS of $0.80, $0.16 better than the analyst estimate of $0.64.
PG&E Corporations non-GAAP earnings from operations, which exclude items impacting comparability (IIC), were $2.1 billion, or $4.00 per share, for the full year of 2018. This is compared to $1.9 billion, or $3.68 per share, for 2017.For the fourth quarter of 2018, non-GAAP earnings from operations were $417 million, or $0.80 per share, compared to $327 million, or $0.63 per share, during the same period in 2017. For the full year and the fourth quarter of 2018, non-GAAP earnings from operations exclude, among other... More