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PG&E Q1 Adjusted Earnings Rise, Operating Revenue Falls; 2024 Adjusted EPS Guidance Reaffirmed
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PG&E Q1 Adjusted Earnings Rise, Operating Revenue Falls; 2024 Adjusted EPS Guidance Reaffirmed
Apr 25, 2024 5:00 AM

07:37 AM EDT, 04/25/2024 (MT Newswires) -- PG&E ( PCG ) reported Q1 non-GAAP earnings Thursday of $0.37 per share, up from $0.29 a year earlier.

Analysts polled by Capital IQ expected $0.34.

Total operating revenue for the quarter ended March 31 was $5.86 billion, down from $6.21 billion a year earlier.

Three analysts surveyed by Capital IQ expected $6.73 billion.

The company said it continues to expect 2024 non-GAAP EPS in the range of $1.33 to $1.37. Analysts polled by Capital IQ expect $1.35.

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