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|
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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