Investing.com - PG E reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
PG E announced earnings per share of $0.24 on revenue of $5.46B. Analysts polled by Investing.com anticipated EPS of $0.2568 on revenue of $5.37B.
PG E shares are up 26% from the beginning of the year and are trading at $11.55 , down-from-52-week-high.They are outperforming the S&P 500 which is up 22.61% from the start of the year.
PG E shares lost 0.43% in pre-market trade the report.
PG E follows other major Utilities sector earnings this month
PG E's report follows an earnings beat by NextEra Energy on October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
ENI ADR had beat expectations on Friday with third quarter EPS of $0.9258 on revenue of $22.01B, compared to forecast for EPS of $0.7213 on revenue of $19.3B.
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