PG&E (NYSE: PCG) is expected to report Q3 earnings on Oct. 29. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict PG&E's revenues will grow 6.7% and EPS will shrink -19.4%.

The average estimate for revenue is $4.12 billion. On the bottom line, the average EPS estimate is $0.87.

Revenue details
Last quarter, PG&E notched revenue of $3.59 billion. GAAP reported sales were 2.5% lower than the prior-year quarter's $3.68 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.81. GAAP EPS of $0.55 for Q2 were 40% lower than the prior-year quarter's $0.91 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 29.2%, 560 basis points worse than the prior-year quarter. Operating margin was 12.3%, 650 basis points worse than the prior-year quarter. Net margin was 6.5%, 330 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $15.33 billion. The average EPS estimate is $3.16.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 280 members out of 298 rating the stock outperform, and 18 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give PG&E a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PG&E is outperform, with an average price target of $45.03.

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