PG&E Q2 2024 Adj EPS $0.31 Beats $0.30 Estimate, Sales $5.986B Beat $5.902B Estimate
Portfolio Pulse from Benzinga Newsdesk
PG&E (NYSE:PCG) reported Q2 2024 adjusted EPS of $0.31, beating the estimate of $0.30. Sales were $5.986 billion, surpassing the $5.902 billion estimate and marking a 13.16% increase from the same period last year.
July 25, 2024 | 10:16 am
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PG&E reported Q2 2024 adjusted EPS of $0.31, beating the estimate of $0.30. Sales were $5.986 billion, surpassing the $5.902 billion estimate and marking a 13.16% increase from the same period last year.
PG&E's better-than-expected earnings and revenue figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100