PG&E Q3 2021 Earnings Report
Key Takeaways
PG&E Corporation reported a GAAP loss of $0.55 per share for the third quarter of 2021, compared to earnings of $0.04 per share for the same period in 2020. Non-GAAP core earnings were $0.24 per share for the third quarter of 2021, compared to $0.22 per share for the same period in 2020. The company adjusted its 2021 EPS guidance for GAAP earnings to a range of $(0.12) to $0.07 and reaffirmed non-GAAP core earnings of $0.95 to $1.05 per share.
GAAP losses were $0.55 per share for Q3 2021, compared to earnings of $0.04 per share for the same period in 2020.
Non-GAAP core earnings were $0.24 per share for Q3 2021, compared to $0.22 per share for the same period in 2020.
2021 EPS guidance adjusted for GAAP earnings to a range of $(0.12) to $0.07.
Reaffirmed non-GAAP core earnings of $0.95 to $1.05 per share.
PG&E
PG&E
PG&E Revenue by Segment
Forward Guidance
PG&E Corporation is adjusting 2021 GAAP earnings guidance to a range of $(0.12) to $0.07 per share, which includes non-core items. On a non-GAAP basis, the guidance range for projected 2021 core earnings is reaffirmed at $0.95 to $1.05 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income