earnings
confidence high
sentiment neutral
materiality 0.50
Portland General Electric Q1 GAAP EPS $0.91 vs $1.08 YoY; reaffirms FY2025 guidance $3.13-$3.33
PORTLAND GENERAL ELECTRIC CO /OR/
2025-Q1 EPS reported
$0.91
revenue$928,000,000
- GAAP net income $100M ($0.91/diluted share) vs $109M ($1.08) in Q1 2024.
- Total load grew 4.6% QoQ; industrial load up 16.4% on high-tech and data center demand.
- Reaffirmed FY2025 adjusted EPS guidance $3.13-$3.33; assumes 2.5%-3.5% delivery growth.
- Quarterly dividend $0.525/share, payable July 15, 2025 to holders of record June 24.
- Battery storage: 292 MW (Constable, Sundial, Coffee Creek) completed first full quarter; Seaside 200 MW due mid-2025.