Investing.com - PG E reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
PG E announced earnings per share of $0.29 on revenue of $5.40. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $6B.
PG E shares are down 11% from the beginning of the year and are trading at $15.50 , down-from-52-week-high.
PG E shares gained 2.18% in intra-day trade after the report.
PG E follows other major Utilities sector earnings this month
PG E's report follows an earnings beat by Southern on Thursday, who reported EPS of $1.35 on revenue of $8.38B, compared to forecasts EPS of $1.3 on revenue of $6.84B.
American Electric Power had beat expectations on Thursday with third quarter EPS of $1.62 on revenue of $5.5B, compared to forecast for EPS of $1.55 on revenue of $4.72B.
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