PG&E reports higher second-quarter earnings and reaffirms 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
PG&E Corporation reported second-quarter 2026 GAAP earnings of $733 million, or $0.33 per diluted share, compared with $521 million, or $0.24 per share, a year earlier; non-GAAP core EPS rose to $0.40 from $0.31. The company reaffirmed its 2026 core EPS guidance of $1.64 to $1.66, said it is on track for a 2% to 4% non-fuel O&M reduction target, and completed a $2.2 billion Utility bond issuance in June, bringing 2026 Utility debt financings to $4.4 billion.