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Jun 30, 2023
PG&E Q2 2023 Earnings Report
PG&E Corporation's second-quarter results were reported, showing GAAP earnings of $0.19 per diluted share and non-GAAP core earnings of $0.23 per diluted share.
Key Takeaways
PG&E Corporation reported second quarter GAAP earnings of $0.19 per diluted share, compared to $0.17 per diluted share for the same period in 2022. Non-GAAP core earnings were $0.23 per diluted share, compared to $0.25 per diluted share in 2022. The company updated its 2023 EPS guidance for GAAP earnings to $1.04 to $1.13 per share and reaffirmed its non-GAAP core earnings guidance of $1.19 to $1.23 per share.
GAAP earnings were $0.19 per diluted share for the second quarter of 2023, compared to $0.17 per diluted share for the same period in 2022.
Non-GAAP core earnings were $0.23 per diluted share for the second quarter of 2023, compared to $0.25 per diluted share for the same period in 2022.
2023 EPS guidance updated for GAAP earnings from $1.00 to $1.13 per share (previously) to $1.04 to $1.13 per share.
2023 EPS guidance reaffirmed for non-GAAP core earnings in the range of $1.19 to $1.23 per share.
Revenue by Segment
Forward Guidance
PG&E Corporation is updating 2023 GAAP earnings guidance in the range of $1.04 to $1.13 per diluted share. The guidance range for projected 2023 non-GAAP core earnings is reaffirmed at $1.19 to $1.23 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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