Are Investors Undervaluing PG&E (PCG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PG&E Corporation: Robust Earnings Growth Outlook
PG&E Corporation is transitioning from a low-growth utility to a high-growth company, driven by rising power demand and a 5.5GW data center pipeline. The fully funded $63 billion capex plan through 2028 supports a 10% CAGR in rate base and >9% earnings growth. Despite strong earnings growth prospects, PCG stock trades at a ~42% discount to peers, offering a potential 70% upside if valuation aligns with peers.
After Plunging -10.11% in 4 Weeks, Here's Why the Trend Might Reverse for PG&E (PCG)
The heavy selling pressure might have exhausted for PG&E (PCG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
PG&E Corporation (PCG) Q4 2024 Earnings Conference Call Transcript
PG&E Corporation (NYSE:PCG ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Jonathan Arnold - VP, IR Patty Poppe - CEO Carolyn Burke - EVP & CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Securities Nicholas Campanella - Barclays Richard Sunderland - JPMorgan Securities LLC Julien Dumoulin-Smith - Jefferies Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Gregg Orrill - UBS Operator Ladies and gentlemen, thank you for standing by and welcome to the PG&E Corporation Fourth Quarter 2024 Earnings Release. All lines have been placed on mute to prevent any background noise.
PG&E Reports In-Line Q4 Earnings, Increases 2025 EPS View
PCG's fourth-quarter earnings are in line with the Zacks Consensus Estimate. However, the bottom line decreases 34% from the year-ago level.
PG&E (PCG) Q4 Earnings Meet Estimates
PG&E (PCG) came out with quarterly earnings of $0.31 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.
PG&E raises 2025 core earnings forecast on higher electricity rates
PG&E Corp on Thursday raised its adjusted core earnings forecast for 2025, as the power company benefits from lower operating expenses and higher electricity rates.
PG&E Stock Down 21% YT: Can Q4 Earnings, Wildfire Fallout Spark A Turnaround?
PG&E Corp‘s PCG stock price has been down 21% year to date and trading well below key moving averages.
PG&E Corporation to Report Q4 Earnings: Here's What to Expect
PCG's Q4 results are likely to be hurt by the warmer weather pattern and wildfire damage amid the benefits of reduced non-fuel O&M expenses.
Catheter Precision Inc. Engages PCG Advisory to Broaden Investor Relations Strategy
BRIDGEWATER, NJ, February 10, 2025 – PRISM MediaWire – Catheter Precision Inc. (NYSE American: VTAK) (“Catheter Precision” or the “Company”), a U.S.
PG&E (PCG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
PG&E (PCG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fire Sale At PG&E Worth A Look
PG&E Corp. stock has fallen 22% this year due to the Los Angeles wildfires, despite being outside its service territory. Fitch Ratings has affirmed its rating, saying any drawdown of the state's wildfire fund should be manageable. The convertible issue PCG.PR.X remains a way to capture the upside while getting a 7% dividend yield.
