Valued at a market cap of $44 billion, PG&E Corporation (PCG) sells and delivers electricity and natural gas to customers in northern and central California. The Oakland, California-based company generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. It is expected to announce its fiscal Q1 earnings for 2025 before the market opens on Thursday, Apr. 24.
Ahead of this event, analysts expect this utility company to report a profit of $0.40 per share, up 8.1% from $0.37 per share in the year-ago quarter. The company has met or surpassed Wall Street's earnings estimates in each of the last four quarters. In Q4 2024, PCG’s EPS of $0.31 met the consensus estimates.
