Analysts surveyed by FactSet are looking for the San Francisco-based utilities company to post adjusted earnings of $1.09 per share on revenue of $4.99 billion.
In the same quarter last year, PG&E reported adjusted earnings of 84 cents per share on revenue of $4.55 billion.
Deutsche Bank said recently that companies in the utilities and power sector face third-quarter risks such as higher interest rates, higher inflation and lower commodity prices. But the firm sees a more "reasonable valuation" for stocks in the segment following a general decline in shares over the third quarter.
The firm has a "buy" rating and $67 price target on PG&E shares.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "buy" with a ratings score of B+.
Among the primary strengths of the company is its solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
You can view the full analysis from the report here: PCG