PG&E (PCG) Q2 Earnings Top Estimates, Revenues Increase Y/Y

The company reported an operating income of $1.13 billion compared with $0.51 billion a year ago. Recent Utility Releases 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 year-over-year improvement in the bottom line can be attributed to an increase in customer capital investment and non-fuel operating and mai ...