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SAN FRANCISCO — Pacific Gas & Electric Co. (PCG) on Thursday reported first-quarter profit of $445 million.
Considerable cloudiness with occasional rain showers. Low 49F. W winds at 10 to 20 mph, decreasing to less than 5 mph. Chance of rain 50%..
Considerable cloudiness with occasional rain showers. Low 49F. W winds at 10 to 20 mph, decreasing to less than 5 mph. Chance of rain 50%.
Updated: April 12, 2026 @ 6:30 pm
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SAN FRANCISCO — Pacific Gas & Electric Co. (PCG) on Thursday reported first-quarter profit of $445 million.
On a per-share basis, the San Francisco-based company said it had profit of 86 cents. Earnings, adjusted for non-recurring costs, were 91 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The utility holding company posted revenue of $4.06 billion in the period.
PG&E shares have risen slightly more than 2 percent since the beginning of the year, while the Standard & Poor’s 500 index has fallen slightly more than 1 percent. The stock has dropped 31 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCG at https://www.zacks.com/ap/PCG
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