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Portland General Electric's Q2 Earnings, Revenue Rise; Reaffirms 2024 Adjusted Earnings Outlook
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Portland General Electric's Q2 Earnings, Revenue Rise; Reaffirms 2024 Adjusted Earnings Outlook
Jul 26, 2024 4:51 AM

06:58 AM EDT, 07/26/2024 (MT Newswires) -- Portland General Electric Company ( POR ) reported Q2 earnings Friday of $0.69 per diluted share, up from $0.39 a year earlier.

Four analysts polled by Capital IQ expected $0.66.

Revenue for the quarter ended June 30 was $758 million, compared with $648 million a year earlier.

Two analysts surveyed by Capital IQ expected $716.6 million.

The company reaffirmed 2024 adjusted earnings guidance of $2.98 to $3.18 per share. Analysts surveyed by Capital IQ expect $3.08.

Price: 48.58, Change: +0.71, Percent Change: +1.48

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