PG&E Corporation (PCG) said it is reaffirming 2025 GAAP earnings guidance in the range of $1.30 to $1.36 per share. The company increased guidance range for projected 2025 non-GAAP core earnings to $1.48 to $1.52 per share, from $1.47 to $1.51 per share.
GAAP earnings were $0.30 per share for the fourth quarter of 2024, compared to earnings of $0.43 for the same period in 2023. Non-GAAP core earnings were $0.31 per share for the fourth quarter of 2024, compared to earnings of $0.47 per share. Analysts on average had expected the company to earn $0.31 per share. Analysts' estimates typically exclude special items.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.