Thursday, 10 May 2007

UPDATE 2-PG&E posts higher profit on rate increases

(Reuters) - Net income rose to $256 million, or 71 cents per share, from $214 million, or 60 cents per share, a year earlier.

Analysts, on average, were expecting earnings of 64 cents a share in the quarter, according to Reuters Estimates.


Read more at Reuters.com Market News

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