Portland General Electric Co expected to post earnings of 35 cents a share - Earnings Preview

Reuters
02-12
Portland General Electric Co <por.n> expected to post earnings of 35 cents a share - Earnings Preview </por.n>
  • Portland General Electric Co POR.N, POR is expected to show a fall in quarterly revenue when it reports results on February 14 for the period ending December 31 2024

  • The Portland Oregon-based company is expected to report a 8.5% decrease in revenue to $663.324 million from $725 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 35 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and 1 "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 $50.50​, above​ its last closing price of $41.92. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.89

0.87

0.90

Beat

3.8

Jun. 30 2024

0.62

0.62

0.69

Beat

10.5

Mar. 31 2024

1.11

1.09

1.21

Beat

11.1​

Dec. 31 2023

0.86

0.88

0.72

Missed

-17.9

​​Sep. 30 2023

0.46

0.46

0.46

Met

0.3

Jun. 30 2023

0.48

0.48

0.39

Missed

-18.5​

Mar. 31 2023

0.79

0.79

0.80

Beat

1.9

Dec. 31 2022

0.60

0.63

0.69

Beat

9.4

This summary was machine generated February 12 at 13:32 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)

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