PG&E Corp. (PCG) Tops Q1 EPS by 5c, Offers Guidance

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PG&E Corporation Reports First-Quarter 2022 Financial Results

April 28, 2022 8:08 AM EDT

Recorded GAAP earnings were $0.22 per diluted share for the first quarter of 2022, compared to earnings of $0.06 per diluted share for the same period in 2021. Non-GAAP core earnings were $0.30 per diluted share for the first quarter of 2022, compared to earnings of $0.23 per diluted share for the same period in 2021. 2022 EPS guidance adjusted for GAAP earnings in the range of $0.85 to $1.16 per diluted share and reaffirmed non-GAAP core earnings in the range of $1.07 to $1.13 per diluted share. Expanding enhanced powerline safety settings to all circuits in high fire threat districts.

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