PG&E Corp. Q1 Earnings Rise 34%

(RTTNews) - PG&E Corp. (PCG) announced a profit for its first quarter that rose from last year.

The company said its bottom line came in at $544 million, or $1.06 per share. This was higher than $407 million, or $0.82 per share, in last year's first quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

PG&E Corp. earnings at a glance:

-Earnings (Q1): $544 Mln. vs. $407 Mln. last year. -Earnings Growth (Y-o-Y): 33.7% -EPS (Q1): $1.06 vs. $0.82 last year. -EPS Growth (Y-o-Y): 29.3% -Analysts Estimate: $0.81

-Guidance: Full year EPS guidance: $3.55 - $3.75