PG&E (PCG) Q4 FY24 earnings call

PG&E delivered strong Q4 and full-year 2024 results, exceeding earnings guidance and demonstrating consistent performance. The company raised its 2025 EPS guidance and reaffirmed long-term growth targets, supported by significant nonfuel O&M savings and a fully funded capital plan. A key focus is the growing data center demand, which is expected to drive beneficial load growth and improve customer affordability. However, recent wildfires outside its service area have intensified market scrutiny on the AB 1054 framework and the adequacy of the Wildfire Fund, prompting ongoing discussions with p