Utilities·Electric Utilities·$36.6B
PG&E Corp is a major utility company that provides electricity and natural gas to millions of customers in California. As a key player in the electric utilities sector, it is crucial for understanding energy supply and demand dynamics, especially amid ongoing discussions about renewable energy and climate change.
Earnings Per Share (EPS)
EPS is a critical measure of profitability, reflecting how much profit the company makes for each share of stock.
Revenue
Revenue indicates the total income generated from operations, which is essential for assessing the company's growth and operational efficiency.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
1Q
EPS Beat Rate
63%
Avg EPS Surprise
+2.83%
Avg Stock Reaction
-0.25%
In Q4 2025, PG&E reported an EPS of $0.36, matching analyst expectations. The stock reacted positively, gaining 2.69% the following day.
Management Promises & Guidance
Analysts expect PG&E to report steady earnings and revenue, reflecting stable demand for electricity. The consensus EPS is set at $0.36, with revenue anticipated at $6.1 billion.
Bull Case
If PG&E beats EPS estimates, it could signal stronger operational performance and improved cost management, potentially leading to a positive stock reaction.
Bear Case
A miss on earnings or revenue could raise concerns about operational challenges or regulatory pressures, leading to a negative market response.
Earnings Per Share (EPS)
0.36EPS is a critical measure of profitability, reflecting how much profit the company makes for each share of stock.
Revenue
6.1BRevenue indicates the total income generated from operations, which is essential for assessing the company's growth and operational efficiency.
The print will turn on these two things.
Q1
Will PG&E's EPS exceed the consensus estimate of $0.36?
A higher EPS could indicate better-than-expected operational efficiency and profitability, which would be positively received by investors.
Q2
What are the revenue expectations compared to the $6.1 billion consensus?
Revenue performance is crucial for assessing the company's growth trajectory and ability to manage costs amid regulatory challenges.
Why consensus could be wrong
The consensus may underestimate PG&E's ability to manage costs effectively, especially in light of recent operational improvements not fully reflected in analyst estimates.
Supporting Evidence
The company's recent operational metrics suggest improved efficiency that could lead to better-than-expected earnings.
Options pricing indicates a higher expected move than historical averages, suggesting that the market may be bracing for surprises.
Key Risk
If operational improvements lead to an EPS significantly above $0.36, it could challenge the current consensus.
Pre-commit to what would confirm each case.
This quarter's performance is under scrutiny as investors weigh the company's ability to navigate regulatory pressures and operational efficiency.
Bull Confirmed If
An EPS of $0.40 or higher would confirm strong operational performance and cost management.
Bear Confirmed If
An EPS below $0.32 would raise significant concerns about operational challenges and regulatory impacts.
Implied Move
±3.65%
Historical Avg
±1.1%
The options market is pricing in a potential move of about 3.65% in either direction following the earnings report.
Options are pricing ±3.6% while PCG has averaged ±1.1% over the last 8 prints — setup is pricing rich.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If PG&E beats expectations, history suggests the stock could rise by around 0.61% on average, confirming a positive outlook.
In-Line / Cautious
An in-line report may lead to muted reactions, as management commentary could drive the stock's direction based on future guidance.
Miss
If PG&E misses expectations, history suggests a potential drop of around 0.61%, indicating investor disappointment.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
ZIONS BANCORP N A
Apr 20, 2026