>>> PG&E beats by $0.08, misses on revs; reaffirms FY17 EPS guidance

PG&E beats by $0.08, misses on revs; reaffirms FY17 EPS guidance (67.90)
  • Reports Q2 (Jun) earnings of $0.86 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of $0.78; revenues rose 1.9% year/year to $4.25 bln vs the $4.34 bln Capital IQ Consensus.
  • Co reaffirms guidance for FY17, sees EPS of $3.55-3.75, excluding non-recurring items, vs. $3.67 Capital IQ Consensus Estimate.