PG&E Corporation Reports Third-Quarter 2020 Financial Results, and 2020 and 2021 GAAP and Non-GAAP Core Earnings and EPS Guidance

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PG&E Corp. (PCG) Misses Q3 EPS by 5c, Revenues Beat; Reaffirms FY20 & FY21 EPS Outlook

October 29, 2020 8:23 AM EDT

PG&E Corp. (NYSE: PCG) reported Q3 EPS of $0.22, $0.05 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $4.88 billion versus the consensus estimate of $4.72 billion.

Recorded GAAP earnings were $0.04 per share for the third quarter of 2020, compared to losses of $3.06 per share for the same period in 2019.Non-GAAP core... More