Recap: Portland General Electric Q3 Earnings - Portland Gen Electric (NYSE:POR)

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Portland General Electric POR reported its Q3 earnings results on Tuesday, October 25, 2022 at 05:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Portland Gen Electric beat estimated earnings by 4.84%, reporting an EPS of $0.65 versus an estimate of $0.62.

Revenue was up $88.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 0.23% drop in the share price the next day.

Here’s a look at Portland Gen Electric’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.52 0.88 0.76 0.64
EPS Actual 0.72 0.67 0.73 0.56
Revenue Estimate 531.67M 607.82M 533.13M 550.87M
Revenue Actual 591.00M 625.00M 614.00M 654.00M

To track all earnings releases for Portland Gen Electric visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.