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PG&E's stock drops after swinging to large loss, records $11.5 billion in wildfire-related charges
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The company, which filed for Chapter 11 on Jan. 29, swung to a net loss of $6.87 billion, $13.24 a share, from a profit of $114 million, or 22 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS rose to 80 cents from 63 cents, above the FactSet consensus of 63 cents. The company recorded a $10.5 billion charge related to the 2018 Camp Fire and an additional $1.0 billion charge related to the 2017 Northern California wildfires.
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https://www.marketwatch.com/story/pges-s...yptr=yahoo
haben sich aber gut erholt von den tiefständen...
![[Bild: PCGc1dl1413.png]](https://finviz.com/publish/022819/PCGc1dl1413.png)
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The company, which filed for Chapter 11 on Jan. 29, swung to a net loss of $6.87 billion, $13.24 a share, from a profit of $114 million, or 22 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS rose to 80 cents from 63 cents, above the FactSet consensus of 63 cents. The company recorded a $10.5 billion charge related to the 2018 Camp Fire and an additional $1.0 billion charge related to the 2017 Northern California wildfires.
...
https://www.marketwatch.com/story/pges-s...yptr=yahoo
haben sich aber gut erholt von den tiefständen...
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