| PCG |
Report |
2Q26 non-GAAP core EPS |
BEAT |
pred ~$0.37 vs. cons $0.36. |
MEDIUM |
| PCG |
Report |
2Q26 operating revenue |
BEAT |
pred ~$6.35B vs. cons $6.26B. |
LOW |
| PCG |
Report |
Large-load pipeline in final engineering |
BEAT |
pred ~4.9 GW vs. cons 4.7 GW. |
LOW |
| PCG |
Guide |
FY26 non-GAAP core EPS guidance midpoint |
UNCHANGED |
guide ~$1.65 vs. cons $1.65 (FY2026). |
HIGH |
| PCG |
Guide |
2027-30 annual core-EPS growth outlook |
UNCHANGED |
guide ~9%+ vs. cons 9% (2027-2030). |
MEDIUM |
| PCG |
Guide |
Five-year capital plan |
UNCHANGED |
guide ~$73B vs. cons $73B (2026-2030). |
HIGH |
| PCG |
Guide |
New common-equity issuance requirement |
UNCHANGED |
guide ~$0B vs. cons $0B (through 2030). |
HIGH |
| PCG |
Guide |
Wildfire-liability reform timing commentary |
UNKNOWN |
guide ~1 legislative package vs. cons 1 package (by August 31, 2026). |
LOW |
| PCG |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.4% |
— |
MEDIUM |
| PCG |
Return |
5-day cumulative residual |
+0.5% (FADE) |
A modest core-EPS/revenue beat and intact $1.65 FY26 midpoint should support an initial positive move, but unchanged 2027-30 growth, capital-plan, and no-equity guidance leave out-period estimates largely intact. Without a quantitatively credible wildfire-liability solution, the initial relief rally is likely to fade as investors refocus on unresolved tail-risk and financing-discount math. |
MEDIUM |