Pacific Gas & Electric (PCG) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.41
- Estimate
- $0.42
- Surprise
- -2.1%
- Score at report (before → after)
- 5.9 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Pacific Gas & Electric (PCG) missed the $0.42 estimate with adjusted EPS of $0.41 — a modest 2.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PCG Sell at 5.8/10.
2 of the last 4 quarters beat the estimate; this quarter's -2.1% surprise compares with a +4.3% four-quarter average.
What supports the rating
- Sector modifier (Utilities): +1.0
- Attractive valuation
What argues against it
- Concentration risk — Geographic: Northern and Central California
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6)
- Leverage penalty (D/E 1.9): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $12.98
- Price target
- $15.75
- Stop
- $12.20
- Upside to target
- +21.3%
- Reward-to-risk
- 2.2:1
The stock trades at 9.6× trailing but 7.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
PCG at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $38.97B
- P/E (fwd)
- 7.2
- P/E (ttm)
- 9.6
- 52-week range
- $11.77–$19.16
- Off 52-week high
- 32.3%
- RSI (14)
- 66
- Volume vs avg
- 1.69×
- Score today
- 5.8/10