PG&E to Report Q3 Earnings: What's in the Cards for the Stock?

Core Insights - PG&E Corporation (PCG) is set to report its third-quarter 2025 results on October 23, with expectations of higher earnings and revenue growth compared to the previous year [1][9] Factors Impacting Q3 Results - Below-normal temperature patterns during the third quarter likely reduced electricity demand for cooling, although a heat wave in late August and early September may have increased demand [2] - Anticipated growth in electric load from electric vehicle adoption, data centers, and building electrification is expected to support PG&E's long-term business expansion [2] - PG&E's partnership with Energy Vault to operate the Calistoga Resiliency Center aims to reduce Public Safety Power Shutoffs amid rising wildfire risks, serving around 1,600 customers [3] - The launch of an advanced vehicle-to-grid electric school bus fleet in collaboration with the Fremont Unified School District and The Mobility House signifies progress in clean transportation and grid resilience [4] - PG&E reduced residential electric rates by 2.1% and gas rates by 0.4%, making energy more affordable and potentially attracting new customers [5] Financial Expectations - The Zacks Consensus Estimate for sales is $6.62 billion, indicating a year-over-year growth of 11.4% [6] - The consensus estimate for earnings is 46 cents, reflecting a year-over-year rise of 24.3% [6] Earnings Prediction - PG&E's Earnings ESP is +1.45%, suggesting a strong likelihood of an earnings beat [7] - The company currently holds a Zacks Rank of 2 (Buy), further increasing the odds of a positive earnings surprise [8]