PG&E Q1 Earnings Lower Than Expected, Revenues Increase Y/Y

PG&E Corporation (PCG) reported first-quarter 2025 adjusted earnings per share (EPS) of 33 cents, which lagged the Zacks Consensus Estimate of 35 cents by 5.7%. The bottom line also declined 10.8% from the year-ago quarter’s reported figure of 37 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The company reported GAAP earnings of 28 cents per share compared with 34 cents in the prior-year quarter.The year-over-year decline in the bottom line can be attributed to the lower re ...