Portland General Electric Co reports results for the quarter ended in December - Earnings Summary

Portland General Electric Co

16/02/2023 14:31

* Portland General Electric Co  POR.N  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 63 cents per share.
    * Revenue rose 13% to $687.00 million from a year ago;
analysts
expected $590.96 million. 
    * Portland General Electric Co's reported EPS for the
quarter was
56 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Portland General Electric Co shares had fallen by 3.9%
this
quarter.
    * The company reported quarterly net income of $50 million.
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.63           0.69           Beat
 Sep. 30 2022      0.62           0.65           Beat
 Jun. 30 2022      0.57           0.72           Beat
 Mar. 31 2022      0.87           0.67           Missed