secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0000784977-24-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PGE Q1 adj EPS $1.21 vs $0.80 YoY; reaffirms FY 2024 guidance $2.98-$3.18
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- Q1 GAAP net income $109M ($1.08/diluted); adjusted net income $123M ($1.21/diluted), up from $0.80 GAAP in Q1 2023.
- Revenues increased on semiconductor/data center demand; Clearwater Wind (311 MW) placed in service Jan 2024.
- Reaffirming FY 2024 adjusted EPS guidance $2.98-$3.18; O&M $815-840M, capex $1.34B.
- Quarterly dividend unchanged at $0.50/share, payable July 15 to holders of record June 24.
- Filed 2025 GRC with OPUC; joined CAISO EDAM expected to save $6-18M annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000089/0000784977-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000089/por-20240426.htm
  HTML page:      https://secwatch.observer/filing/0000784977-24-000089

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