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

• Portland General Electric Co POR.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of eleven analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 31 cents to 41 cents per share.
• Revenue rose 13.7% to $824.00 million from a year ago; analysts expected $663.32 million.
• Portland General Electric Co's reported EPS for the quarter was 34 cents​.
• The company reported quarterly net income of $38 million.
• Portland General Electric Co shares had fallen by 3.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​
• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• 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 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 $50.50

This summary was machine generated from LSEG data February 14 at 02:31 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)