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PG&E Corp. Issues Earnings Guidance

PG&E Corporation (PCG) said, on a non-GAAP basis, the guidance range for 2021 non-GAAP core earnings is $0.95 to $1.05 per share. PG&E also introduced Non-GAAP core earnings per share growth guidance of 10 percent over its five-year plan.

For the fourth-quarter, non-GAAP core earnings was $0.21 per share, compared to $0.68, a year ago. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.23, for the quarter. Analysts' estimates typically exclude special items.

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