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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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.