PCG

PG&E Corp. Q1 Profit Advances

(RTTNews) - PG&E Corp. (PCG) released earnings for its first quarter that Increases, from last year

The company's bottom line totaled $858 million, or $0.39 per share. This compares with $607 million, or $0.28 per share, last year.

Excluding items, PG&E Corp. reported adjusted earnings of $982 million or $0.43 per share for the period.

The company's revenue for the period rose 15.1% to $6.88 billion from $5.98 billion last year.

PG&E Corp. earnings at a glance (GAAP) :

-Earnings: $858 Mln. vs. $607 Mln. last year. -EPS: $0.39 vs. $0.28 last year. -Revenue: $6.88 Bln vs. $5.98 Bln last year.

-Guidance: Full year EPS guidance: $ 1.64 To $ 1.66

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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