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

Portland General Electric Co

28/07/2023 14:31

* Portland General Electric Co  POR.N  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue rose 9.6% to $648.00 million from a year ago;
analysts
expected $571.94 million. 
    * Portland General Electric Co's reported EPS for the
quarter was
39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Portland General Electric Co shares had risen by 2.2% this
quarter and lost 2.3% so far this year.
    * The company reported quarterly net income of $40 million.
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $54.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.48           0.39           Missed
 Mar. 31 2023      0.79           0.80           Beat
 Dec. 31 2022      0.63           0.69           Beat
 Sep. 30 2022      0.62           0.65           Beat