PG&E reports Q2 core EPS 23c, consensus 25c

Reports Q2 revenue $5.29B, consensus $5.49B. “Through the first half of 2023, we feel confident that we continue to reduce physical risk on our system overall, and that our investments since 2017 have made a dramatic difference in preventing catastrophic wildfires,” said Patti Poppe, CEO of PG&E Corporation. “We also expect continued steady and predictable improvement in our financial health, which in turn allows us to further invest and innovate as we build a climate-resilient energy system for California’s future.”