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POR Portland General Electric Co News Story

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Portland General Electric Co reports results for the quarter ended March 31 - Earnings Summary

Portland General Electric Co POR.N reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.21.  The mean expectation of ten analysts for the quarter was for earnings of 98 cents per share. Wall Street expected results to range from 92 cents to $1.18 per share.

Revenue fell 0.1% to $928.00 million from a year ago; analysts expected $970.49 million.

Portland General Electric Co's reported EPS for the quarter was 91 cents​.

The company reported quarterly net income of $100 million.

Portland General Electric Co shares had fallen by 3.6% this quarter and lost 1.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 14.5% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Portland General Electric Co is $47.50

This summary was machine generated from LSEG data April 25 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.980.91Missed
Dec. 31 20240.350.34Missed
Sep. 30 20240.870.90Beat
Jun. 30 20240.620.69Beat

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