PG&E Corporation

PCG

US69331C1080

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
17.03 ^USD	-0.23%		+1.07%	-5.55%

Apr. 26	Wells Fargo Adjusts PG&E's Price Target to $21 From $20	MT
Apr. 26	Wolfe Adjusts Price Target on PG&E to $21 From $20	MT

PG&E Corporation Increases Earnings Guidance for 2024

February 22, 2024 at 06:05 am EST

PG&E Corporation is increasing 2024 GAAP earnings guidance in the range of $1.10 to $1.14 per share (previously $1.08 to $1.12 per share). The midpoint of this new range is up 7% from the year-end result of $1.05 per share.

Latest news about PG&E Corporation

Wells Fargo Adjusts PG&E's Price Target to $21 From $20	Apr. 26	MT
Wolfe Adjusts Price Target on PG&E to $21 From $20	Apr. 26	MT
Barclays Adjusts Price Target on PG&E to $21 From $20	Apr. 26	MT
Goldman Sachs Adjusts PG&E's Price Target to $22 From $21	Apr. 26	MT
CMS Energy posts higher first-quarter profit helped by robust demand, lower costs	Apr. 25	RE
PG&E beats quarterly profit view, eyes electricity demand growth	Apr. 25	RE
Transcript : PG&E Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
PG&E Q1 Adjusted Earnings Rise, Operating Revenue Falls; 2024 Adjusted EPS Guidance Reaffirmed	Apr. 25	MT
Earnings Flash (PCG) PG&E CORPORATION Posts Q1 Revenue $5.86B, vs. Street Est of $6.73B	Apr. 25	MT
Earnings Flash (PCG) PG&E CORPORATION Posts Q1 EPS $0.37, vs. Street Est of $0.34	Apr. 25	MT
PG&E Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
JPMorgan Adjusts PG&E's Price Target to $19 From $18, Keeps Neutral Rating	Apr. 23	MT
Barclays Adjusts Price Target on PG&E to $20 From $19	Apr. 22	MT
California power companies, agencies apply for $2 bln federal grant for grid upgrades	Apr. 18	RE
Miramar Resources to Raise AU$1.7 Million via Placement, Rights Issue	Apr. 03	MT
Subsea 7 Unit Wins Contract to Install Substations at Offshore Wind Farm in Poland	Mar. 29	MT
Stillwater Critical Minerals Raising C$2.5 Million in a Private Placement of Share Units	Mar. 28	MT
Carmat: final agreement with creditors	Mar. 25	CF
US natgas prices climb 4% to 3-week high as output drops	Mar. 04	RE
Xcel Energy falls as law firm flags potential liability for Texas wildfires	Feb. 29	RE
Natgas prices face 4th straight monthly decline on excess supply	Feb. 29	RE
US natgas futures touch 4-year lows as surplus supplies overwhelm	Feb. 27	RE
Transcript : PG&E Corporation, Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
PG&E beats fourth-quarter profit estimates on higher electricity rates	Feb. 22	RE
PG&E Q4 Adjusted Earnings Climb; Increases FY 2023 Guidance	Feb. 22	MT

Chart PG&E Corporation

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Company Profile

PG&E Corporation specializes in electricity production and distribution. Net sales break down by activity as follows: - electricity production and distribution (69.5%): 77,769 GWh distributed for over 5.5 million customers at the end of 2022; - natural gas transportation and distribution (30.5%): 6.2 billion cubic meters distributed for over 4.5 million customers.

Sector

Electric Utilities

Calendar

2024-05-16 - Annual General Meeting

Related indices

S&P 500

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Ratings for PG&E Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.03 USD

Average target price

19.56 USD

Spread / Average Target

+14.84%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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AMERICAN ELECTRIC POWER COMPANY, INC.	+4.97%	44.9B
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GE VERNOVA INC.	0.00%	41.94B

Other Electric Utilities

PG&E Corporation

Equities

PCG

US69331C1080

Electric Utilities

PG&E Corporation Increases Earnings Guidance for 2024

EPS Revisions