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home / articles / PCG - California's Gas & Power Provider Is Investing To Cut Wildfire Ignitions Cuts Annual Profit Outlook | Benzinga

PCG - California's Gas & Power Provider Is Investing To Cut Wildfire Ignitions Cuts Annual Profit Outlook | Benzinga

Pacific Gas & Electric Co.

PG&E Corporation (NYSE: PCG) reported third-quarter FY23 operating revenue growth of 9.2% year-over-year to $5.89 billion, beating the consensus of $5.48 billion.

Adjusted EPS was $0.24, lower than $0.29 in 3Q22, missing the consensus of $0.27.

Electric revenue grew 15.7% Y/Y to $4.51 billion, and Natural gas declined by 7.9% Y/Y to $1.38 billion.

Operating income declined ...

Full story available on Benzinga.com
Stock Information
Company Name: Pacific Gas & Electric Co.
Stock Symbol: PCG
Market: NYSE
Website: pgecorp.com
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