PG&E Corporation Reports Strong Earnings and Positive Outlook Amid Market Challenges
1770+ Words Refined into 7 Facts by AI • 1 source • 1h ago
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- PG&E Corporation is California's largest regulated electric and gas utility.
- PCG shares have declined 23.3% YTD, underperforming the S&P 500.
- PG&E reported $5.9 billion in revenue with a 54.2% EPS increase.
- Positive earnings outlook for 2025 ranges from $1.47 to $1.51 per share.
- Analysts rate PG&E stock as a “Strong Buy” with 13 strong ratings.
- BMO Capital Markets initiated coverage with an “Outperform” rating.
- PCG is trading below the mean price target of $23.31.
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