PG&E Corporation and Exelon Corp released their fourth-quarter 2025 financial results, showcasing a mix of earnings beats and strategic growth plans. PG&E reported a non-GAAP core EPS of $1.50 for 2025 and narrowed its 2026 earnings guidance to a range of $1.64 to $1.66. Notably, PG&E achieved its third consecutive year without major wildfires caused by its equipment, reinforcing its safety milestones. Meanwhile, Exelon exceeded Q4 earnings estimates with an EPS of $0.59, despite narrowly missing its revenue target at $5.41 billion. Exelon also unveiled a massive $41.3 billion capital investment plan, aiming for an annualized earnings growth of 5% to 7% through 2029. Market reaction remained mixed, with Exelon gaining on strong growth projections while PG&E faced slight pressure following its updated guidance and revenue miss.
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