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Portland General Electric Q3 Earnings, Revenue Increase
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Portland General Electric Q3 Earnings, Revenue Increase
Nov 3, 2024 11:22 AM

05:21 AM EDT, 10/25/2024 (MT Newswires) -- Portland General Electric ( POR ) reported Q3 earnings Friday of $0.90 per diluted share, up from $0.46 a year earlier.

Analysts polled by Capital IQ expected $0.89.

Revenue for the quarter ended Sept. 30 was $929 million, compared with $802 million a year earlier.

Two analysts surveyed by Capital IQ expected $886.7 million.

The company narrowed its 2024 adjusted earnings guidance to between $3.08 and $3.18 per share from $2.98 to $3.18. Analysts surveyed by Capital IQ expect $3.10.

Price: 49.48, Change: +0.67, Percent Change: +1.37

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