Pacific Gas & Electric NYSE: PCG reaffirmed its 2026 earnings guidance and longer-term financial plan on its second-quarter earnings call, while executives emphasized that California wildfire liability reform remains a critical factor for the utility's capital plans and path to investment-grade credit ratings.
PG&E Corporation (PCG) Q2 2026 Earnings Call Transcript
PCG beats Q2 earnings estimates as expanding data center demand and lower operating expenses help offset a revenue miss.
PG&E (PCG) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.31 per share a year ago.
PCG readies to report Q2 earnings as higher electric demand, new rates and lower operating costs are expected to support results.
PG&E (PCG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Investors with an interest in Utility - Electric Power stocks have likely encountered both PG&E (PCG) and Portland General Electric (POR). But which of these two stocks is more attractive to value investors?
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 is targeting robust EPS growth, aiming for $1.65 in 2026 and $2.33 by 2030, with no new equity issuance. PCG's aggressive wildfire mitigation and infrastructure upgrades, including $15 billion in undergrounding, are designed to reduce risk and improve reliability. Rate base is projected to grow 9% annually, supporting a 20%+ dividend payout ratio and a potential 3% yield by 2030.
Pacific Gas & Electric customers could see their annual energy bills climb by as much as $840 by 2030.
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