PG&E (PCG) Q3 2026 Earnings Call Transcript

PG&E reported third-quarter 2026 results tied to customer capital investment, with core EPS of $0.41 for the quarter and $1.24 for the first nine months versus $0.50 and $1.14 in 2025. GAAP EPS came in at $0.34 for the quarter and $1.06 for the first nine months, compared with $0.37 and $0.89 a year earlier. PG&E guided 2026 core EPS to $1.64–$1.66 per share and 2027 core EPS to $1.78–$1.82. The utility outlined a 2027 capital plan of $11.4 billion after a $2 billion reduction announced Sept. 2 to manage financing costs.