PG&E Missed Expectations

PG&E (PCG) reported earnings of $0.33 per share on revenue of $5.98 billion for the first quarter ended March 2025. The consensus earnings estimate was $0.35 per share on revenue of $6.27 billion. The Earnings Whisper number was $0.38 per share. The company missed expectations by 13.16% while revenue grew 2.08% on a year-over-year basis.

The company said it continues to expect 2025 earnings of $1.48 to $1.52 per share. The current consensus earnings estimate is $1.50 per share for the year ending December 31, 2025.

PG&E Corporation engages in the businesses of electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.