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Market Impact: 0.35

PG&E (PCG) Beats Q2 Earnings Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
PG&E (PCG) Beats Q2 Earnings Estimates

PG&E reported quarterly earnings of $0.40/share, beating the Zacks consensus of $0.37 by $0.03. EPS compares to $0.31/share a year ago, indicating year-over-year improvement of about 29%. The earnings beat suggests a modest positive catalyst for the stock.

Analysis

PG&E reported quarterly earnings of $0.40/share, beating the Zacks consensus of $0.37 by $0.03. EPS compares to $0.31/share a year ago, indicating year-over-year improvement of about 29%. The earnings beat suggests a modest positive catalyst for the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

PCG0.45