PG&E Corp. (PCG) Misses Q3 EPS by 5c, Revenues Beat; Reaffirms FY20 & FY21 EPS Outlook

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Go back to PG&E Corp. (PCG) Misses Q3 EPS by 5c, Revenues Beat; Reaffirms FY20 & FY21 EPS Outlook

PG&E Corporation Reports Third-Quarter 2020 Financial Results, and 2020 and 2021 GAAP and Non-GAAP Core Earnings and EPS Guidance

October 29, 2020 8:19 AM EDT

Recorded GAAP earnings were $0.04 per share for the third quarter of 2020, compared to losses of $3.06 per share for the same period in 2019. Non-GAAP core earnings were $0.22 per share for the third quarter of 2020, compared to $1.11 per share for the same period in 2019. 2020 EPS guidance adjusted for GAAP losses in the range of $1.00 to $1.06 and reaffirmed for non-GAAP core earnings of $1.60 to $1.63 per share. 2021 EPS guidance adjusted for GAAP earnings in the range of $0.14 to $0.26 and reaffirmed non-GAAP core earnings of $0.95 to $1.05 per share.

SAN FRANCISCO--(BUSINESS WIRE)-- PG&E Corporation (NYSE:... More