PG&E (PCG) Q4 Earnings Beat Estimates, '24 EPS View Raised

PG&E Corporation’s (PCG) adjusted earnings per share (EPS) of 47 cents in the fourth quarter of 2023 surpassed the Zacks Consensus Estimate of 45 cents by 4.4%. The bottom line improved 80.8% from the year-ago quarter’s reported figure.The company reported GAAP earnings of 43 cents per share compared with 24 cents in the prior-year quarter.For 2023, the company reported adjusted EPS of $1.23, which surpassed the Zacks Consensus Estimate of $1.21 by 1.7%. The full-year bottom line improved 11.8% from the yea ...