PG&E (PCG) Q1 FY26 earnings call

PG&E delivered a strong first quarter, reaffirming its full-year EPS guidance and multi-year growth targets. The company continues to make progress on customer affordability through rate reductions and operational efficiencies, while advancing its wildfire mitigation and system hardening plans. Management remains focused on constructive wildfire reform in California, emphasizing the need for a long-term solution that quantifies tail risk and supports capital attraction for infrastructure investments.