Portland General Electric Co expected to post earnings of 63 cents a share - Earnings Preview

Portland General Electric Co

24/07/2024 13:40

* Portland General Electric Co  POR.N   POR  is expected
to show a
rise in quarterly revenue when it reports  results on July 26
for the period ending June 30 2024
    * The Portland Oregon-based  company is expected to report a
10.3% increase in revenue to $715.055 million from $648 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 63 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $50.00​, above​ its last closing price of $46.76.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.11        1.09       1.08      Missed  -0.8
 Dec. 31 2024  0.86        0.88       0.72      Missed  -17.9
 Sep. 30 2023  0.46        0.46       0.46      Met     0.3​
 Jan. 1 0001   0.48        0.48       0.39      Missed  -18.5
 ​​Jan.        0.79        0.79       0.80      Beat    1.9
 1 0001                                                 
 Dec. 31 2022  0.60        0.63       0.69      Beat    9.4​
 Sep. 30 2022  0.62        0.62       0.65      Beat    4.4
 Jan. 1 0001   0.61        0.57       0.72      Beat    27.2
 This summary was machine generated July 24 at 12:40 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)