PG&E Earnings Preview
Portfolio Pulse from Benzinga Insights
PG&E (NYSE:PCG) is scheduled to release its quarterly earnings report on February 22, 2024, with analysts estimating an EPS of $0.45. The company's past earnings performance shows a mix of hits and misses against estimates, affecting stock prices variably. Shares are currently trading at $16.63, reflecting a 9.2% increase over the last 52 weeks. Investors are looking for positive guidance for the next quarter beyond the EPS figures.
February 21, 2024 | 4:01 pm
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POSITIVE IMPACT
PG&E is anticipated to report an EPS of $0.45 for the latest quarter, with historical performance showing variable impacts on stock prices post-earnings. Shares have risen 9.2% over the past year, indicating a positive trend.
Given PG&E's historical earnings performance and the current positive trend in stock price, the upcoming earnings report could further bolster investor confidence, especially if the company beats the EPS estimate and provides optimistic future guidance. However, the impact of earnings reports on stock prices can be unpredictable, as seen in past quarters.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100