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Pg&e Corp  (PCG)
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Pg&e Corp announced first quarter 2017 operating income of $880 millions and cut it's earnings guidance



Sales for the first quarter 2017 increased by 7.4 % to $4.27 billions in comparison to $3.97 billions on a year-over-year basis, company posted earnings growth of 413.64 % to $1.13, as comparison at $0.22 in the prior year quarter.

In contrast to the forth quarter 2016 Sales deteriorated by -9.44 % from $4.71 billions and profits fell by -17.05 % from $1.36 per share.
Only one section improved , while following segments recorded decrease in revenues Electric -3.59%, Natural gas -26.43%.
Net income of $579 millions in the first quarter 2017 increased by 426.36 % from net earnings of $110 millions reported in the first quarter 2017 a year ago. Pg&e Corp also emphasized it's improving profit margins, where net margin rose to 13.57% in first quarter 2017, and operating margin edged up to 20.62%. Pg&e Corp cut it's annual earnings per share forecast by $ -0.42, now company expects eps from $1.51 to $1.83.
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Pg&e reported forth quarter 2016 earnings

Pg&e reported third quarter 2016 earnings

Pg&e reported second quarter 2016 earnings



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