PG&E Corporation Reports Stable Q2 2025 Results with GAAP EPS at $0.24, Reaffirms Non-GAAP Core EPS Guidance at $1.48-$1.52

Reuters
07-31
PG&E Corporation Reports Stable <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results with GAAP EPS at $0.24, Reaffirms Non-GAAP Core EPS Guidance at $1.48-$1.52

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PG&E Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: SF41457) on July 31, 2025, and is solely responsible for the information contained therein.

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