PG&E Corporation

PCG

US69331C1080

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:01 2024-05-03 pm EDT			5-day change	1st Jan Change
17.57 ^USD	+0.23%		+3.17%	-2.55%

May. 01	PG&E Insider Sold Shares Worth $1,007,720, According to a Recent SEC Filing	MT
May. 01	PG&E in Talks with KKR to Sell Interest in Pacific Generation	CI

PG&E Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 06:15 am EDT

PG&E Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 5,861 million compared to USD 6,209 million a year ago. Revenue was USD 5,861 million compared to USD 6,209 million a year ago.

Net income was USD 732 million compared to USD 569 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.27 a year ago.

Latest news about PG&E Corporation

PG&E Insider Sold Shares Worth $1,007,720, According to a Recent SEC Filing	May. 01	MT
PG&E in Talks with KKR to Sell Interest in Pacific Generation	Apr. 30	CI
Warren Buffett's PacifiCorp faces $30 billion of new wildfire claims	Apr. 30	RE
PG&E in talks with KKR to sell interest in Pacific Generation	Apr. 30	RE
Edison International posts Q1 loss on wildfire claims	Apr. 30	RE
Warren Buffett's PacifiCorp faces $30 bln new wildfire claims	Apr. 30	RE
Bluejay Mining jv identifies drill targets in West Greenland	Apr. 29	AN
Wells Fargo Adjusts PG&E's Price Target to $21 From $20	Apr. 26	MT
Wolfe Adjusts Price Target on PG&E to $21 From $20	Apr. 26	MT
Barclays Adjusts Price Target on PG&E to $21 From $20	Apr. 26	MT
Goldman Sachs Adjusts PG&E's Price Target to $22 From $21	Apr. 26	MT
CMS Energy posts higher first-quarter profit helped by robust demand, lower costs	Apr. 25	RE
PG&E beats quarterly profit view, eyes electricity demand growth	Apr. 25	RE
Transcript : PG&E Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
PG&E Q1 Adjusted Earnings Rise, Operating Revenue Falls; 2024 Adjusted EPS Guidance Reaffirmed	Apr. 25	MT
Earnings Flash (PCG) PG&E CORPORATION Posts Q1 Revenue $5.86B, vs. Street Est of $6.73B	Apr. 25	MT
Earnings Flash (PCG) PG&E CORPORATION Posts Q1 EPS $0.37, vs. Street Est of $0.34	Apr. 25	MT
PG&E Corporation Provides Earnings Guidance for the Year of 2024	Apr. 25	CI
PG&E Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
JPMorgan Adjusts PG&E's Price Target to $19 From $18, Keeps Neutral Rating	Apr. 23	MT
Barclays Adjusts Price Target on PG&E to $20 From $19	Apr. 22	MT
California power companies, agencies apply for $2 bln federal grant for grid upgrades	Apr. 18	RE
Miramar Resources to Raise AU$1.7 Million via Placement, Rights Issue	Apr. 03	MT
Subsea 7 Unit Wins Contract to Install Substations at Offshore Wind Farm in Poland	Mar. 29	MT
Stillwater Critical Minerals Raising C$2.5 Million in a Private Placement of Share Units	Mar. 28	MT

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Company Profile

PG&E Corporation specializes in electricity production and distribution. Net sales break down by activity as follows: - electricity production and distribution (69.5%): 77,769 GWh distributed for over 5.5 million customers at the end of 2022; - natural gas transportation and distribution (30.5%): 6.2 billion cubic meters distributed for over 4.5 million customers.

Sector

Electric Utilities

Calendar

2024-05-16 - Annual General Meeting

Related indices

S&P 500

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Ratings for PG&E Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.57 USD

Average target price

19.76 USD

Spread / Average Target

+12.45%

Consensus

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Other Electric Utilities

PG&E Corporation

Equities

PCG

US69331C1080

Electric Utilities

PG&E Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

EPS Revisions