WASHINGTON (dpa-AFX) - PG&E Corp. (PCG) released earnings for second quarter that missed the Street estimates.
The company's bottom line came in at $521 million, or $0.24 per share. This compares with $520 million, or $0.24 per share, last year.
Excluding items, PG&E Corp. reported adjusted earnings of $674 million or $0.31 per share for the period.
Analysts on average had expected the company to earn $0.32 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.5% to $5.90 billion from $5.99 billion last year.
PG&E Corp. earnings at a glance (GAAP) :
-Earnings: $521 Mln. vs. $520 Mln. last year. -EPS: $0.24 vs. $0.24 last year. -Revenue: $5.90 Bln vs. $5.99 Bln last year.
-Guidance: Full year EPS guidance: $1.48 - $1.52
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