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PG&E : Reports First-Quarter 2021 Financial Results


PG&E Corporation Reports First-Quarter 2021 Financial Results
•Recorded GAAP earnings were $0.06 per share for the first quarter of 2021, compared to earnings of $0.57 per share for the same period in 2020.
•Non-GAAP core earnings were $0.23 per share for the first quarter of 2021, compared to $0.89 per share for the same period in 2020.
•2021 EPS guidance adjusted for GAAP earnings in the range of $0.07 to $0.21and reaffirmed non-GAAP core earnings of $0.95 to $1.05 per share.
SAN FRANCISCO - PG&E Corporation (NYSE: PCG) recorded first-quarter 2021 income available for common shareholders of $120 million, or $0.06 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with income available for common shareholders of $371 million, or $0.57 per share, for the first quarter of 2020. ....

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Lawmakers introduce bill to provide financial relief to fire victims


BREAKING NEWS Chico State announces in-person graduations for the classes of 2020 and 2021 Full Story
Lawmakers introduce bill to provide financial relief to fire victims
Assemblyman James Gallagher announced a bill that would provide financial relief to fire victims by exempting state taxes from payments made out by PG&E.
Posted: Mar 5, 2021 10:39 PM
Posted By: Brandon Downs
SACRAMENTO, Calif. - Assemblyman James Gallagher announced a bill that would provide financial relief to fire victims.
The bill would exempt state taxes from payments made to victims out of PG&E’s “Fire Victim Trust.”
AB-1249 clarifies tax exemption criteria for victims of the three most destructive fires in California, including the Camp Fire. ....

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