PG&E Corporation Reports First-Quarter 2021 Financial Results

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Go back to PG&E Corporation Reports First-Quarter 2021 Financial Results

PG&E Corp. (PCG) Misses Q1 EPS by 3c, Revenues Miss; Offers FY21 EPS Guidance Below Consensus

April 29, 2021 8:20 AM EDT

PG&E Corp. (NYSE: PCG) reported Q1 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $4.72 billion versus the consensus estimate of $4.83 billion.

Recorded GAAP earnings were $0.06 per share for the first quarter of 2021, compared to earnings of $0.57 per share for the same period in 2020.Non-GAAP core earnings were $0.23 per share for the first quarter of 2021, compared to $0.89 per share for the same period in 2020.2021 EPS guidance... More