Portland General Electric Co expected to post earnings of $1.09 a share - Earnings Preview

Portland General Electric Co

24/04/2024 13:44

* Portland General Electric Co  POR.N   POR  is expected
to show a
rise in quarterly revenue when it reports  results on April 26
for the period ending March 31 2024
    * The Portland Oregon-based  company is expected to report a
10.4% increase in revenue to $825.972 million from $748 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Portland General
Electric Co
is for earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $45.00​, above​ its last closing price of $43.55.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.86        0.88       0.72      Missed  -17.9
 Sep. 30 2023  0.46        0.46       0.46      Met     0.3
 Jun. 30 2023  0.48        0.48       0.39      Missed  -18.5​
 Mar. 31 2023  0.79        0.79       0.80      Beat    1.9
 ​​Dec.        0.60        0.63       0.69      Beat    9.4
 31 2022                                                
 Sep. 30 2022  0.62        0.62       0.65      Beat    4.4​
 Jun. 30 2022  0.61        0.57       0.72      Beat    27.2
 Mar. 31 2022  0.85        0.87       0.67      Missed  -23.2
 This summary was machine generated April 24 at 12:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)