PG&E PCG reported its Q1 earnings results on Thursday, May 4, 2023 at 06:15 AM.
Here's what investors need to know about the announcement.
Earnings
PG&E missed estimated earnings by 3.33%, reporting an EPS of $0.29 versus an estimate of $0.3.
Revenue was up $411.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 3.27% increase in the share price the next day.
Here's a look at PG&E's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.18 | 0.28 | 0.25 |
| EPS Actual | 0.26 | 0.29 | 0.25 | 0.30 |
| Revenue Estimate | 5.52B | 6.00B | 5.81B | 5.31B |
| Revenue Actual | 5.37B | 5.39B | 5.12B | 5.80B |
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.18 | 0.28 | 0.25 |
| EPS Actual | 0.26 | 0.29 | 0.25 | 0.30 |
| Revenue Estimate | 5.52B | 6.00B | 5.81B | 5.31B |
| Revenue Actual | 5.37B | 5.39B | 5.12B | 5.80B |
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