Portland General Electric Co expected to post earnings of 48  cents a share - Earnings Preview

Portland General Electric Co

26/07/2023 16:01

* Portland General Electric Co  POR.N   POR  is expected
to show a
fall in quarterly revenue when it reports  results on July 28. 
    * The Portland Oregon-based  company is expected to report 
a
3.2% decrease in revenue to $571.94 million from $591 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Portland General
Electric
Co is for earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $54​, above​ its last closing price of $48.84.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.79        0.79       0.80      Beat    1.9
 Dec. 31 2023  0.60        0.63       0.69      Beat    9.4
 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.        0.85        0.87       0.67      Missed  -23.2
 31 2022                                                
 Dec. 31 2021  0.74        0.76       0.74      Missed  -2.8​
 Sep. 30 2021  0.61        0.63       0.56      Missed  -11.5
 Jun. 30 2021  0.35        0.37       0.36      Missed  -2.7
 This summary was machine generated July 26 at 15:01 GMT.  All
figures in US dollars  unless otherwise stated