PG&E Missed Expectations

PG&E (PCG) reported earnings of $0.31 per share on revenue of $5.90 billion for the second quarter ended June 2025. The consensus earnings estimate was $0.33 per share on revenue of $6.37 billion. The Earnings Whisper number was $0.35 per share. The company missed expectations by 11.43% while revenue fell 1.47% compared to the same quarter a year ago.

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.