earnings
confidence high
sentiment positive
materiality 0.70
PGE Q3 EPS $0.94 GAAP, $1.00 adjusted; data center drives 13% industrial load growth, FY guide reaffirmed
PORTLAND GENERAL ELECTRIC CO /OR/
2025-Q3 EPS
reported $2.41
vs consensus $0.98
▲ beat
(+146.9%)
- GAAP net income $103M ($0.94/diluted share); non-GAAP $110M ($1.00/diluted share).
- Revenue growth from technology-infrastructure customers drove 13% industrial load growth quarter-over-quarter.
- Reaffirmed FY2025 adjusted EPS guidance $3.13-$3.33; assumes capex $1,220M and O&M $810-$830M.
- OPUC approved $42M annual revenue requirement increase for Seaside Battery Energy Storage System.
- Quarterly dividend declared at $0.525/share, payable Jan 15, 2026 to holders of record Dec 22, 2025.