PG&E (PCG) Q2 Earnings Top Estimates, Revenues Increase Y/Y
PCGPG&E (PCG) ZACKS·2024-07-25 23:56

PG&E Corporation (PCG) reported second-quarter 2024 adjusted earnings per share (EPS) of 31 cents, which surpassed the Zacks Consensus Estimate of 30 cents by 3.3%. The bottom line also improved 34.8% from the year-ago quarter’s reported figure.The company reported GAAP earnings of 24 cents per share compared with 19 cents in the prior-year quarter.The year-over-year improvement in the bottom line can be attributed to an increase in customer capital investment and non-fuel operating and maintenance (O&M) sa ...