PG&E (PCG) said it is updating full year 2025 GAAP earnings guidance to the range of $1.26 to $1.32 per share, from the prior guidance range of $1.29 to $1.35. PG&E reaffirmed guidance for full year 2025 non-GAAP core earnings of $1.48 to $1.52 per share.
Second quarter income for shareholders was $521 million, compared with $520 million, prior year. GAAP earnings were $0.24 per share compared to earnings of $0.24 per share, last year. Non-GAAP core earnings were $0.31, flat with prior year. Analysts on average had expected the company to earn $0.32 per share. Analysts' estimates typically exclude special items. Revenue fell 1.5% to $5.90 billion from $5.99 billion last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.