The Utilities sector was among a trio of S&P 500 areas to finish negative in the session that followed the US general election. Why the bad response? Pin it to a rise in treasury yields. AsFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams ...

PG&E Corporation (NYSE:PCG) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Jonathan Arnold - Vice President, Investor Relations Patty Poppe - Chief Executive Officer Carolyn Burke - Executive Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Rich Sunderland - JPMorgan Securities LLC Julien Dumoulin-Smith - Jefferies Gregg Orrill - UBS Carly Davenport - Goldman Sachs David Arcaro - Morgan Stan ...

PG&E Corporation. 1 2024 THIRD QUARTER EARNINGS Delivering For Customers AND Investors November 7, 2024 Forward-Looking Statements 2 This presentation contains statements regarding PG&E Corporation's and Pacific Gas and Electric Company's (the "Utility") future performance, including expectations, objectives, and forecasts about operating results (including 2024 and 2025 non-GAAP core earnings), debt and equity issuances, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildf ...

PG&E Corporation (PCG) reported third-quarter 2024 adjusted earnings per share (EPS) of 37 cents, which outpaced the Zacks Consensus Estimate of 32 cents by 15.6%. The bottom line also improved 54.2% from the year-ago quarter’s reported figure.See the Zacks Earnings Calendar to stay ahead of market-making news. The company reported GAAP earnings of 27 cents per share compared with 16 cents in the prior-year quarter.The year-over-year improvement in the bottom line can be attributed to an increase in custome ...

PG&E (PCG) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.63%. A quarter ago, it was expected that this utility holding company would post earnings of $0.30 per share when it actually produced earnings of $0.31, delivering a surprise of 3.33%.Over the last four quarters, the compa ...

OAKLAND, Calif., Nov. 7, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid financial results in 2024 and beyond: GAAP earnings were $0.27 per share for the third quarter of 2024, compared to earnings of $0.16 for the same period in 2023. GAAP earnings were $0.85 per share for the first nine months of 2024, compared to earnings of $0.62 per share for the same period in 2023. Non-GAAP core earnings were $0.37 per share for the third quarter of 2024, compared to earnings of $0.24 p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|------------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Investor Relations: invrel@pge-corp.com | Media: 415.973.5930 | www.pgecorp.com November 7, 2024 PG&E Corporation Reports Strong Third-Quarter Results; Strengthens 2024 Guidance; Initiates 2025 Guidance; Grows 5-Year Capital Plan OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid financial results in 2024 and beyond: • GAAP earnings were $0.27 per share for the third quarter of 2024, compared to earnings of $0.16 for the same period in 2023. • GAAP earnings were $0.85 per share for the firs ...

Updated R&D strategy highlights evolving utility technology needs Explores the potential of artificial intelligence to transform the energy system and enhance customer experience OAKLAND, Calif., Nov. 4, 2024 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) unveiled its refreshed R&D strategy report with a focus on artificial intelligence (AI) and other innovations as critical enablers to achieving PG&E's clean energy, climate, and customer-experience goals.The refreshed report outlines the in ...

The market expects PG&E (PCG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are bet ...