Headquartered in Oakland, California, PG&E Corporation (PCG) is a leading energy company providing natural gas and electric services to millions of customers across Northern and Central California. Known for its commitment to safety, sustainability, and reliability, PG&E plays a vital role in supporting the region's energy infrastructure. With a market cap of $43.3 billion, the company continues to focus on modernizing its grid and enhancing wildfire safety measures. PG&E is set to release its Q4 earnings results before the market opens on Thursday, Feb. 13.
Ahead of this event, analysts expect the power company to report a profit of $0.30 per share, down 36.2% from $0.47 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projections over the past four quarters. PG&E's EPS for the last reported quarter was $0.37, which surpassed the consensus estimates by 15.6%, driven by effective cost management.
