Investing.com - PG E reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PG E announced earnings per share of $0.3 on revenue of $5.79B. Analysts polled by Investing.com anticipated EPS of $0.2471 on revenue of $5.34B.
PG E shares are up 2.88% from the beginning of the year and are trading at $12.73 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
PG E shares gained 1.92% 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 April 21, who reported EPS of $0.74 on revenue of $2.89B, compared to forecasts EPS of $0.7142 on revenue of $5.19B.
Southern had beat expectations on Thursday with first quarter EPS of $0.97 on revenue of $6.65B, compared to forecast for EPS of $0.8956 on revenue of $5.98B.
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