PG&E Corp. (PCG) Misses Q4 EPS by 2c; Offers FY23 EPS Guidance

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Go back to PG&E Corp. (PCG) Misses Q4 EPS by 2c; Offers FY23 EPS Guidance

PG&E Corporation Delivers on Guidance for Full-Year 2022, Updates 2023 GAAP Earnings Guidance of $0.98 to $1.13 per Diluted Share, and Reaffirms 2023 Non-GAAP Core Earnings Guidance of $1.19 to $1

February 23, 2023 6:12 AM EST

Recorded GAAP earnings were $0.84 per diluted share for the year and GAAP earnings were $0.24 for the fourth quarter of 2022, compared to losses of $(0.05) per diluted share and earnings of $0.22 per diluted share, respectively, for the same periods in 2021.Non-GAAP core earnings were $1.10 per diluted share for the year and $0.26 per diluted share for the fourth quarter of 2022, compared to $1.08 (or $1.00 on a fully diluted basis) and $0.28, respectively, per diluted share for the same periods in 2021.2023 EPS guidance updated for GAAP earnings in the range of $0.98 to $1.13 and reaffirmed for... More