Pacific Gas & Electric (PCG) Projected to Release Earnings on Thursday

Key Points

• Pacific Gas & Electric is expected to report Q3 2026 results before market open on October 22. Analysts forecast earnings of $0.4265 per share and revenue of $6.82 billion, compared with full-year EPS guidance of $1.64–$1.66.
• In its latest quarter, PG&E reported $0.40 EPS, exceeding the $0.36 consensus estimate, while revenue of $5.90 billion fell short of the $6.20 billion forecast. Analysts expect EPS of $1.65 for fiscal 2026 and $1.80 for fiscal 2027.
• Wall Street’s consensus rating is “Hold,” with three Buy ratings and nine Hold ratings and an average price target of $17.36. The company also declared a $0.05 quarterly dividend, implying a 1.5% annualized yield.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.4265 per share and revenue of $6.82 billion for the quarter. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Investors are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last issued its earnings results on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. The firm had revenue of $5.90 billion during the quarter, compared to analyst estimates of $6.20 billion. Pacific Gas & Electric had a net margin of 12.25% and a return on equity of 12.48%. Pacific Gas & Electric's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.31 earnings per share. On average, analysts expect Pacific Gas & Electric to post $1.65 EPS for the current fiscal year and $1.80 EPS for the next fiscal year.

Pacific Gas & Electric Stock Performance

Shares of NYSE PCG opened at $13.15 on Thursday. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.15 and a current ratio of 1.22. The company has a market cap of $35.26 billion, a P/E ratio of 7.89, a P/E/G ratio of 1.07 and a beta of 0.28. The firm's fifty day moving average is $14.65 and its two-hundred day moving average is $16.18. Pacific Gas & Electric has a 52-week low of $11.77 and a 52-week high of $19.16.

Pacific Gas & Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.20 annualized dividend and a yield of 1.5%. Pacific Gas & Electric's payout ratio is presently 14.49%.

Insider Activity at Pacific Gas & Electric

In related news, EVP Marlene Santos sold 158,250 shares of the company's stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $18.00, for a total transaction of $2,848,500.00. Following the sale, the executive vice president owned 230,885 shares of the company's stock, valued at $4,155,930. This represents a 40.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Fugate sold 6,500 shares of the company's stock in a transaction on Friday, September 4th. The shares were sold at an average price of $13.76, for a total transaction of $89,440.00. Following the sale, the director directly owned 73,530 shares in the company, valued at approximately $1,011,772.80. The trade was a 8.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 166,000 shares of company stock valued at $2,960,440. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PCG has been the subject of a number of research analyst reports. Truist Financial lowered Pacific Gas & Electric from a "buy" rating to a "hold" rating and cut their price objective for the company from $21.00 to $17.00 in a research report on Thursday, September 3rd. JPMorgan Chase & Co. reduced their target price on Pacific Gas & Electric from $18.00 to $17.00 and set an "overweight" rating on the stock in a report on Monday. Weiss Ratings reiterated a "hold (c)" rating on shares of Pacific Gas & Electric in a research report on Tuesday, September 1st. Bank of America reiterated a "neutral" rating and issued a $13.00 target price (down from $24.00) on shares of Pacific Gas & Electric in a research report on Tuesday, September 1st. Finally, UBS Group reissued a "neutral" rating on shares of Pacific Gas & Electric in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Pacific Gas & Electric presently has an average rating of "Hold" and an average price target of $17.36.

Pacific Gas & Electric Company Profile

Pacific Gas and Electric Corporation, through its principal subsidiary Pacific Gas and Electric Company, is a regulated energy utility serving customers in Northern and Central California. The company delivers electricity and natural gas to residential, commercial, industrial and agricultural customers across its service territory.

PG&E's operations include the transmission and distribution of electricity, natural gas distribution, and the maintenance and modernization of the infrastructure used to provide these services.

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