PG&E gains on tighter 2026 profit forecast
ReutersFeb 12, 2026 4:04 PM
Shares of California-based utility PG&E PCG.N up 4.4% to $17.85
Tightens forecast for adj. core earnings per share to between $1.64 and $1.66 for 2026, vs previous forecast of $1.62 to $1.66
Co raises lower end of its forecast range on strong power demand driven by data centers and broader load growth
Posts Q4 adj. profit per share of 36 cents vs analysts' estimates of 37 cents - LSEG data
In 2025, PCG fell 20.4%
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