PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety
PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety
PG&E Corporation (NYSE:PCG) reported first-quarter FY24 operating revenue of $5.86 billion (vs. $6.21 billion a year ago), missing the consensus of $6.59 billion.
PG＆E Corporation（纽约证券交易所代码：PCG）公布的24财年第一季度营业收入为58.6亿美元（去年同期为62.1亿美元），未达到预期的65.9亿美元。
Electric revenue fell to $4.05 billion from $4.12 billion a year ago. Natural gas declined to $1.81 billion from $2.09 billion the prior year.
电力收入从去年同期的41.2亿美元降至40.5亿美元。天然气从去年的20.9亿美元降至18.1亿美元。
Adjusted EPS was $0.37, higher than $0.29 in the prior year, beating the consensus of $0.35.
调整后的每股收益为0.37美元，高于去年的0.29美元，超过了市场预期的0.35美元。
FY24 Guidance: PG&E reaffirmed its adjusted EPS guidance of $1.33-$1.37 versus the $1.36 consensus.
24财年指引：PG＆E重申其调整后的每股收益预期为1.33-1.37美元，而市场普遍预期为1.36美元。
PG&E shared its five-year financing plan, which includes funding $62 billion of safety and reliability capital expenditures.
PG＆E分享了其五年融资计划，其中包括为620亿美元的安全和可靠性资本支出提供资金。
The strategy, which does not factor in the sale of the Utility's non-nuclear generation assets, confirms the company's dedication to refraining from new equity in 2024.
该战略没有将出售该公用事业公司的非核能发电资产考虑在内，这证实了该公司致力于在2024年避免新增股权。
It also allows for significant dividend expansion over the next five years and anticipates a possible equity requirement of up to $3 billion between 2025 and 2028.
它还允许在未来五年内大幅扩大股息，并预计在2025年至2028年之间可能需要高达30亿美元的股权。
Investors can gain exposure to the stock via VanEck Uranium Nuclear Energy ETF (NYSE:NLR) and Virtus Reaves Utilities ETF (NYSE:UTES).
投资者可以通过VanEck铀核能ETF（纽约证券交易所代码：NLR）和Virtus Reaves Utilities ETF（纽约证券交易所代码：UTES）获得股票敞口。
Price Action: PCG shares are trading higher by 0.28% at $17.05 at the last check Thursday.
价格走势：在周四的最后一次支票中，PCG股价上涨0.28％，至17.05美元。
Photo via Shutterstock
照片来自 Shutterstock