secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001193125-26-199453
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portland General Electric Q1 GAAP EPS $0.38, down 58% YoY; reaffirms 2026 guidance
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- GAAP net income $45M ($0.38/diluted share) vs $100M ($0.91) in Q1 2025; adjusted EPS $0.58.
- Industrial customer demand grew 10% YoY, driven by data center and high tech customers.
- Reaffirmed FY 2026 adjusted EPS guidance $3.33-$3.53; assumptions include 1.5%-2.5% weather-adjusted energy delivery growth.
- Filed joint application with WUTC for PacifiCorp's Washington utility acquisition; expected close in 2027.
- Quarterly dividend $0.55125/share, payable July 15, 2026 to holders of record June 25, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000119312526199453/0001193125-26-199453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000119312526199453/por-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-199453

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