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PG&E's Q3 Non-GAAP Earnings, Revenue Increase; 2025 EPS Guidance Initiated
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PG&E's Q3 Non-GAAP Earnings, Revenue Increase; 2025 EPS Guidance Initiated
Nov 9, 2024 11:59 AM

06:39 AM EST, 11/07/2024 (MT Newswires) -- PG&E ( PCG ) reported Q3 non-GAAP core earnings Thursday of $0.37 per share, up from $0.24 a year earlier.

Analysts polled by Capital IQ expected $0.32.

Total operating revenue for the quarter ended Sept. 30 was $5.94 billion, up from $5.89 billion a year earlier.

Four analysts surveyed by Capital IQ expected $6.61 billion.

The company narrowed its 2024 non-GAAP core earnings to $1.34 to $1.37 per share, from $1.33 to $1.37. Analysts surveyed by Capital IQ expect $1.36.

The company also initiated 2025 non-GAAP core earnings of $1.47 to $1.51 per share. Analysts polled by Capital IQ expected $1.48.

Price: 20.06, Change: +0.11, Percent Change: +0.55

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