Earnings call transcript: PG&E Q3 2026 misses revenue as stock slips
PG&E reported Q3 2026 core earnings per share (EPS) of $0.41, slightly below analysts' estimate of $0.42. Revenue fell to $6.19 billion, missing forecasts of $6.82 billion. The company reaffirmed its full-year 2026 EPS guidance of $1.64 to $1.66 and 2027 outlook of $1.78 to $1.82. Meanwhile, PG&E cut 2027 capital spending to $11.4 billion, down from a previously higher plan, citing financing costs.
Despite these miss, the company remains on track for safety and wildfire-mitigation goals and is aggressively reviewing its operations for potential value improvements. PG&E's stock traded at $12.93, down 1.71% from the previous close of $13.15.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
