We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
In the last reported quarter, the company posted a negative earnings surprise of 6.06%. Let’s take a closer look at the factors that are likely to be reflected in PG&E’s upcoming quarterly results.
Factors to Note Ahead of PCG’s Q3 Earnings
During the third quarter, PCG’s service territories observed below-normal temperature patterns. This is likely to have hurt demand for electricity from the company’s customers for cooling purposes this summer. However, the heat wave in late August and early September is likely to have resulted in an increase in electricity demand. The anticipated growth in electric load from electric vehicle adoption, data centers and building electrification is expected to boost energy consumption, supporting PCG’s growth and long-term business expansion.
In September 2025, Pacific Gas and Electric Company, a PG&E subsidiary, partnered with Energy Vault to bring the Calistoga Resiliency Center, a hybrid microgrid energy storage facility, into commercial operation. Serving around 1,600 customers, it marks a key step in reducing Public Safety Power Shutoffs amid rising wildfire and severe weather risks.
In August 2025, Pacific Gas and Electric Company, in collaboration with the Fremont Unified School District and The Mobility House, has announced the launch of one of California’s most advanced vehicle-to-grid electric school bus fleets, signifying a key step forward in clean transportation, grid resilience and student health.
Strong sales projections and lower non-fuel operating and maintenance costs may have supported PG&E’s third-quarter earnings.
In September 2025, PG&E decreased residential electric rates by 2.1% for residential customers using 500 kilowatt-hours per month without discounts, and also reduced gas rates by 0.4%. These rate cuts make energy more affordable, helping attract new customers while reinforcing the company’s commitment to reliable and cost-effective service.
PCG’s Q3 Expectations
The Zacks Consensus Estimate for sales is pegged at $6.62 billion, which indicates year-over-year growth of 11.4%.
The consensus estimate for earnings is pegged at 46 cents, which calls for a year-over-year rise of 24.3%.
What the Zacks Model Unveils for PCG
Our proven model predicts an earnings beat for PG&E this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.
Earnings ESP: The company’s Earnings ESP is +1.45%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Here we have mentioned a few players from the same industry that also have the right combination of elements to beat on earnings this reporting cycle:
Xcel Energy, Inc. (XEL - Free Report) is slated to report its third-quarter 2025 results on Oct. 30, before market open. It has an Earnings ESP of +0.68% and a Zacks Rank of 3 at present.
XEL’s long-term (three to five years) earnings growth rate is 7.44%. The Zacks Consensus Estimate for earnings is pinned at $1.33 per share, which suggests a year-over-year rise of 6.4%.
Eversource Energy (ES - Free Report) is slated to report its third-quarter 2025 results on Nov. 4, after market close. It has an Earnings ESP of +6.31% and a Zacks Rank of 3 at present.
ES’ long-term earnings growth rate is 5.40%. The Zacks Consensus Estimate for earnings is pegged at $1.11 per share.
Duke Energy (DUK - Free Report) is scheduled to report its third-quarter 2025 results on Nov. 7, before market open. It has an Earnings ESP of +1.59% and a Zacks Rank of 2 at present.
DUK’s long-term earnings growth rate is 6.43%. The Zacks Consensus Estimate for earnings stands at $1.73 per share, which implies a year-over-year increase of 6.8%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
PG&E to Report Q3 Earnings: What's in the Cards for the Stock?
Key Takeaways
PG&E Corporation (PCG - Free Report) is scheduled to report third-quarter 2025 results on Oct. 23, before market open.
In the last reported quarter, the company posted a negative earnings surprise of 6.06%. Let’s take a closer look at the factors that are likely to be reflected in PG&E’s upcoming quarterly results.
Factors to Note Ahead of PCG’s Q3 Earnings
During the third quarter, PCG’s service territories observed below-normal temperature patterns. This is likely to have hurt demand for electricity from the company’s customers for cooling purposes this summer. However, the heat wave in late August and early September is likely to have resulted in an increase in electricity demand. The anticipated growth in electric load from electric vehicle adoption, data centers and building electrification is expected to boost energy consumption, supporting PCG’s growth and long-term business expansion.
In September 2025, Pacific Gas and Electric Company, a PG&E subsidiary, partnered with Energy Vault to bring the Calistoga Resiliency Center, a hybrid microgrid energy storage facility, into commercial operation. Serving around 1,600 customers, it marks a key step in reducing Public Safety Power Shutoffs amid rising wildfire and severe weather risks.
In August 2025, Pacific Gas and Electric Company, in collaboration with the Fremont Unified School District and The Mobility House, has announced the launch of one of California’s most advanced vehicle-to-grid electric school bus fleets, signifying a key step forward in clean transportation, grid resilience and student health.
Strong sales projections and lower non-fuel operating and maintenance costs may have supported PG&E’s third-quarter earnings.
In September 2025, PG&E decreased residential electric rates by 2.1% for residential customers using 500 kilowatt-hours per month without discounts, and also reduced gas rates by 0.4%. These rate cuts make energy more affordable, helping attract new customers while reinforcing the company’s commitment to reliable and cost-effective service.
PCG’s Q3 Expectations
The Zacks Consensus Estimate for sales is pegged at $6.62 billion, which indicates year-over-year growth of 11.4%.
The consensus estimate for earnings is pegged at 46 cents, which calls for a year-over-year rise of 24.3%.
What the Zacks Model Unveils for PCG
Our proven model predicts an earnings beat for PG&E this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.
Pacific Gas & Electric Co. Price and EPS Surprise
Pacific Gas & Electric Co. price-eps-surprise | Pacific Gas & Electric Co. Quote
Earnings ESP: The company’s Earnings ESP is +1.45%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: PCG currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Other Stocks to Consider
Here we have mentioned a few players from the same industry that also have the right combination of elements to beat on earnings this reporting cycle:
Xcel Energy, Inc. (XEL - Free Report) is slated to report its third-quarter 2025 results on Oct. 30, before market open. It has an Earnings ESP of +0.68% and a Zacks Rank of 3 at present.
XEL’s long-term (three to five years) earnings growth rate is 7.44%. The Zacks Consensus Estimate for earnings is pinned at $1.33 per share, which suggests a year-over-year rise of 6.4%.
Eversource Energy (ES - Free Report) is slated to report its third-quarter 2025 results on Nov. 4, after market close. It has an Earnings ESP of +6.31% and a Zacks Rank of 3 at present.
ES’ long-term earnings growth rate is 5.40%. The Zacks Consensus Estimate for earnings is pegged at $1.11 per share.
Duke Energy (DUK - Free Report) is scheduled to report its third-quarter 2025 results on Nov. 7, before market open. It has an Earnings ESP of +1.59% and a Zacks Rank of 2 at present.
DUK’s long-term earnings growth rate is 6.43%. The Zacks Consensus Estimate for earnings stands at $1.73 per share, which implies a year-over-year increase of 6.8%.