earnings
confidence high
sentiment positive
materiality 0.75
Portland General Electric Q2 GAAP EPS $0.69 vs $0.39 YoY; reaffirms FY24 adjusted guidance $2.98-$3.18
PORTLAND GENERAL ELECTRIC CO /OR/
2025-Q2 EPS
reported $1.77
vs consensus $0.65
▲ beat
(+174.2%)
- GAAP net income $72M ($0.69 EPS); Q2 2023 net income $39M ($0.39) included $0.05 charge.
- Reaffirms FY24 adjusted EPS guidance $2.98-$3.18; O&M $800-$825M, capex $1,340M.
- Registers new $400M at-the-market offering program; proceeds for general corporate and renewable investments.
- Quarterly dividend $0.50 per share (unchanged); payable Oct 15, record Sep 24.
- Growth from semiconductor and data center demand; higher purchased power costs partly offset.