Portland General Electric announces first quarter 2020 results
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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investors.portlandgeneral.com
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Source: PR Newswire
PORTLAND, Ore., April 24, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $81 million, or 91 cents per diluted share, for the first quarter of 2020. This compares with net income of $73 million, or 82 cents per diluted share, for the first quarter of 2019."Our financial performance this quarter largely reflects conditions experienced prior to the COVID-19 pandemic," said Maria Pope, PGE president and CEO. "PGE is committed to serving the needs of our customers and our community during this time. Given the deteriorating economic outlook, the company is revising full-year earnings guidance to $2.20 to $2.50 per diluted share. This guidance includes a decrease in annual retail deliveries of 1 to 2%, weather-adjusted, and reflects management actions to reduce operating and maintenance and capital spending. Our forecasts of long-term earnings growth remain at 4 to 6%."First quarter 2020 earnings compared to first quarter 2019 earningsTotal re
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News
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- Portland General Electric (NYSE:POR) had its "sell" rating reaffirmed by analysts at LADENBURG THALM/SH SH. They now have a $43.00 price target on the stock.MarketBeat
- Why Portland General Electric, Phillips 66, And Robert Half Are Winners For Passive Income [Yahoo! Finance]Yahoo! Finance
- Portland General Electric (NYSE:POR) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Portland General Electric (NYSE:POR) was downgraded by analysts at UBS Group AG from a "strong-buy" rating to a "hold" rating.MarketBeat
POR
Earnings
- 10/31/25 - Beat
POR
Sec Filings
- 10/31/25 - Form 8-K
- 10/31/25 - Form 10-Q
- 10/23/25 - Form 8-K
- POR's page on the SEC website