Portland Gen Electric's Earnings: A Preview

Portland Gen Electric (NYSE:POR) will release its quarterly earnings report on Friday, 2024-10-25. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Portland Gen Electric to report an earnings per share (EPS) of $0.60.

Investors in Portland Gen Electric are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.07, leading to a 0.0% drop in the share price on the subsequent day.

Here's a look at Portland Gen Electric's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.62

1.09

0.88

0.54

EPS Actual

0.69

1.21

0.67

0.46

Price Change %

-1.0%

-1.0%

0.0%

-3.0%

Portland Gen Electric Share Price Analysis

Shares of Portland Gen Electric were trading at $49.0 as of October 23. Over the last 52-week period, shares are up 23.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Portland Gen Electric

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Portland Gen Electric.

Analysts have provided Portland Gen Electric with 5 ratings, resulting in a consensus ...