News about PG&E

PG&E (PCG) is scheduled to report third-quarter 2026 results on October 22 before market open, after beating earnings estimates by 8.11% last quarter. Higher demand from electric vehicles, data centers and building electrification is expected to have lifted sales, while lower non-fuel operating and maintenance expenses may have helped earnings. In September 2026, subsidiary Pacific Gas and Electric partnered with Rewiring America and Google on the SHARE virtual power plant initiative, which aims to integrate nearly 21,000 home energy devices to manage peak demand. The Zacks Consensus Estimate calls for sales of $6.59 billion, up 5.4% year over year, and earnings of 42 cents per share, down 16%. However, Zacks' model does not conclusively predict a beat, with an Earnings ESP of -1.21% and a Zacks Rank #4 (Sell).