PG&E (NYSE:PCG) is set to give its latest quarterly earnings report on Thursday, 2026-02-12. Here's what investors need to know before the announcement.

Analysts estimate that PG&E will report an earnings per share (EPS) of $0.36.

The announcement from PG&E is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

Last quarter the company beat EPS by $0.06, which was followed by a 0.61% increase in the share price the next day.

Here's a look at PG&E's past performance and the resulting price change:

Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024
EPS Estimate	0.44	0.32	0.35	0.31
EPS Actual	0.50	0.31	0.33	0.31
Price Change %	1.00	1.00	-1.00	-4.00

Stock Performance

Shares of PG&E were trading at $16.75 as of February 10. Over the last 52-week period, shares are up 5.68%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on PG&E

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding PG&E.

A total of 3 analyst ratings have been received for PG&E, with the consensus rating being Outperform. The average one-year price target stands at $21.67, suggesting a potential 32.54% upside.

Peer Ratings Comparison

In this comparison, we explore the analyst ratings and average 1-year price targets of NRG Energy, Entergy and Exelon, three prominent industry players, offering insights into their relative performance expectations and market positioning.

• Analysts currently favor an Buy trajectory for NRG Energy, with an average 1-year price target of $199.33, suggesting a potential 1119.14% upside.
• Analysts currently favor an Outperform trajectory for Entergy, with an average 1-year price target of $105.5, suggesting a potential 545.26% upside.
• Analysts currently favor an Neutral trajectory for Exelon, with an average 1-year price target of $50.2, suggesting a potential 207.03% upside.

Summary of Peers Analysis

The peer analysis summary offers a detailed examination of key metrics for NRG Energy, Entergy and Exelon, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

Company	Consensus	Revenue Growth	Gross Profit	Return on Equity
PG&E	Outperform	5.20%	$2.46B	2.74%
NRG Energy	Buy	5.70%	$1.39B	9.13%
Entergy	Outperform	12.48%	$1.92B	4.22%
Exelon	Neutral	8.95%	$2.84B	3.14%

Key Takeaway:

PG&E ranks at the bottom for Revenue Growth among its peers. It is also at the bottom for Gross Profit. However, it is in the middle for Return on Equity.

Unveiling the Story Behind PG&E

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.

PG&E: Financial Performance Dissected

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: PG&E's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2025, the company achieved a revenue growth rate of approximately 5.2%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Utilities sector.

Net Margin: PG&E's net margin excels beyond industry benchmarks, reaching 13.17%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.74%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): PG&E's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.6%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 1.97, PG&E adopts a prudent financial strategy, indicating a balanced approach to debt management.

To track all earnings releases for PG&E visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.