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PG&E reports solid Q3 2026 earnings and reaffirms 2026-27 earnings guidance amid wildfire risk reduction efforts.

Company Fundamentals
22 Oct 2026
PRNewsWire
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Bullish
PG&E reports solid Q3 2026 earnings and reaffirms 2026-27 earnings guidance amid wildfire risk reduction efforts.

PG&E Corporation announced its third-quarter 2026 GAAP earnings of $0.34 per share and non-GAAP core earnings of $0.41 per share, showing slight declines from 2025 but reaffirming full-year 2026 and 2027 non-GAAP core earnings guidance of $1.64-$1.66 and $1.78-$1.82 per share respectively. The company is advancing a 5,000-mile undergrounding plan to reduce wildfire risk by 98% and outages by 90%, aiming to enhance safety and reliability for California customers. PG&E also reported progress in connecting thousands of electric customers and EV charging ports, launching a virtual power plant pilot, and providing energy bill assistance. The strategic focus remains on cost reduction, capital plan adjustments, and becoming a financially strong, investment-grade company.

PG&E Corporation's third-quarter 2026 results provide context for readers. For those following Utilities-sector US stocks on Pluang, 21 of 40 stocks rose and 16 fell today. Notable prices as of Oct 22, 2026 17:11 WIB include Entergy Corporation at USD 105.68 with a -0.38% change, National Grid Transco PLC at USD 81.05 with a +0.33% change, and Dominion Energy Inc at USD 62.13 with a -0.33% change.

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