Recap: PG&E Q3 Earnings


PG&E PCG reported its Q3 earnings results on Thursday, October 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.


PG&E beat estimated earnings by 61.11%, reporting an EPS of $0.29 versus an estimate of $0.18.

Revenue was down $71.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.74% increase in the share price the next day.

Here's a look at PG&E's past performance:


Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.28 0.25 0.28 0.26
EPS Actual 0.25 0.30 0.28 0.24
Revenue Estimate 5.81B 5.31B 5.46B 5.37B
Revenue Actual 5.12B 5.80B 5.25B 5.46B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).


PG&E management provided guidance for FY 2022, expecting earnings between $1.07 and $1.13 per share.

To track all earnings releases for PG&E visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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