Earnings Outlook For PG&E
Portfolio Pulse from Benzinga Insights
PG&E (NYSE:PCG) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.29. The company's past performance shows a pattern of EPS misses and modest share price increases. The stock is currently trading at $16.19, up 4.71% over the last 52-week period.
October 25, 2023 | 4:02 pm
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NEUTRAL IMPACT
PG&E's upcoming earnings report could impact its stock price. Past performance shows a pattern of EPS misses followed by modest share price increases. The stock is currently up 4.71% over the last 52-week period.
The upcoming earnings report is a significant event for PG&E. Given the company's history of EPS misses, investors will be closely watching this report. However, despite past EPS misses, the stock has shown modest increases, indicating that the market may be more focused on other factors such as guidance. Therefore, the impact on the stock price could be neutral in the short term.
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IMPORTANCE 80
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