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PG&E is improving its portfolio, cash flow, and shareholder returns despite high rates, wildfire risks, and capital costs. The company targets 9% annual EPS growth and plans to increase its dividend by 2028. A massive 8.7 GW datacenter pipeline will help spread transmission costs and stabilize customer bills.
We recommend investing in five old economy stocks with a favorable Zacks Rank for short-term double-digit upside potential. These are: PCG, FIX, DXPE, PGR, GE.
OAKLAND, Calif. , April 24, 2025 /PRNewswire/ -- The Federal Aviation Administration (FAA) recognizes April 26 as National Drone Safety Day.
PG&E Corporation (NYSE:PCG ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Jonathan Arnold - Vice President, Investor Relations Patti Poppe - Chief Executive Officer Carolyn Burke - Executive Vice President & Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Constantine Lednev - Guggenheim Partners Richard Sunderland - JPMorgan Securities LLC Julien Dumoulin-Smith - Jefferies Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Ryan Levine - Citi David Arcaro - Morgan Stanley David Paz - Wolfe Research Michael Lonegan - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.
The Investment Committee debate how to trade some stocks on the move today.
PCG's first-quarter earnings lag the Zacks Consensus Estimate, while revenues grow year over year. The company's 2025 adjusted EPS guidance remains unchanged.
PG&E (PCG) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.37 per share a year ago.
OAKLAND, Calif. , April 24, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results.
PCG's Q1 results are likely to be hurt by the wildfire damage amid the benefits of reduced non-fuel O&M expenses.
LOS ANGELES, April 22, 2025 /PRNewswire/ -- Today the Honorable Jay C. Gandhi (Ret.) announced he has joined the existing legal team of Robertson & Associates, LLP and Foley Bezek Behle & Curtis, LLP in their mass tort lawsuits against the City of Los Angeles Department of Water and Power (LADWP) to hold it responsible for the property damage and personal injuries suffered by thousands of victims of the Palisades Fire. The Palisades Fire began January 7, 2025 and is the worst urban conflagration in the City's history, having destroyed and/or damaged 7,810 homes and businesses in Pacific Palisades and Malibu. Tragically, 12 civilians were killed in the inferno. This legal team currently represents over 750 homeowners and business owners whose properties were destroyed by the fire and has filed 12 lawsuits so far, with more coming, against LADWP. PRESS CONFERENCE: A press conference will be held on Tuesday, April 22nd at 10:00 a.m. in front of Judge Gandhi's burned-down home located at 1