PG&E (PCG) Q1 Earnings and Revenues Miss Estimates

PG&E (PCG) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -5.71%. A quarter ago, it was expected that this utility holding company would post earnings of $0.31 per share when it actually produced earnings of $0.31, delivering no surprise. There are no easy answers to this key quest ...