PG&E Corporation has released its second-quarter 2025 financial results, reporting income available for common shareholders of $521 million, or $0.24 per share, in accordance with generally accepted accounting principles (GAAP). This is consistent with the second quarter of 2024, which also saw income available for common shareholders of $520 million, or $0.24 per share. For the same period, PG&E's non-GAAP core earnings, which exclude non-core items, were $674 million, or $0.31 per share, matching the figures from the second quarter of 2024. Non-core items were reported at $154 million after tax, or $0.07 per share, identical to the previous year's second quarter. Looking ahead, PG&E Corporation has updated its full-year 2025 GAAP earnings guidance to a range of $1.26 to $1.32 per share, a slight adjustment from the previous forecast of $1.29 to $1.35 per share. The company reaffirms its guidance for full-year 2025 non-GAAP core earnings to be between $1.48 and $1.52 per share. This guidance is based on various assumptions and forecasts, including factors such as authorized revenues, future expenses, and capital expenditures. Additionally, PG&E is factoring in costs related to unrecoverable interest expense, the amortization of the Wildfire Fund asset, and costs associated with Chapter 11 reorganization cases. The company has noted an increase in wildfire-related claims, net of recoveries, and its Wildfire Fund expense compared to the previous year. Information and presentation slides related to these financial results have been made available on PG&E Corporation's website.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。