Will PG&E (PCG) beat quarterly earnings?

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  "title": "Will PG&E (PCG) beat quarterly earnings?",
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    "context_description": "Trader consensus on Polymarket prices a 59.5% implied probability that PG&E (PCG) will not beat Q1 2026 earnings consensus of approximately $0.37-$0.38 per share, set for release April 23 before market open. This positioning stems from the utility's recent track record of narrowly meeting or missing estimates, including Q4 2025 non-GAAP core EPS of $0.36 aligning with but not surpassing expectations amid a 4% revenue shortfall. Resurfaced wildfire liability concerns drove a 6.2% share drop on April 13, amplifying caution around elevated capex for grid hardening—$12.4 billion planned for 2026—and regulatory rate pressures. Tightened full-year 2026 core EPS guidance to $1.64-$1.66 supports stability but underscores limited upside for a Q1 beat absent favorable weather-driven demand.",
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