earnings
confidence high
sentiment positive
materiality 0.65
PGE reports Q2 GAAP EPS $0.59, non-GAAP $0.64; reaffirms FY 2026 guidance $3.33-$3.53
PORTLAND GENERAL ELECTRIC CO /OR/
2026-Q2 EPS reported
$0.97
revenue$1,693,000,000
- GAAP net income $68M ($0.59/diluted); non-GAAP net income $74M ($0.64/diluted).
- Industrial load grew 11.2% YoY, driven by high-tech and data center customers.
- Reaffirmed FY 2026 adjusted EPS guidance $3.33-$3.53; O&M $810M-$830M, capex $1,655M.
- OPUC approved new large load tariff; data center pricing up ~30%, rates lowered for other customers.
- Quarterly dividend $0.55125/share, payable Oct 15, 2026, record Sep 25.