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Stock impact report

Portland General Electric announces 2023 financial results and initiates 2024 earnings guidance [Yahoo! Finance]

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: Yahoo! Finance
Initiating 2024 adjusted earnings guidance of to per diluted share and reaffirming 5% to 7% long-term earnings per share growth using 2022 non-GAAP adjusted base year PORTLAND, Ore. Feb. 16, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $228 million , or per diluted share, for the year ended December 31, 2023 , which includes the per diluted share Boardman revenue requirement settlement charge resulting from the Oregon Public Utility Commission's (OPUC) 2022 General Rate Case (GRC) Final Order. After adjusting for the impact of the Boardman revenue requirement settlement charge, 2023 non-GAAP net income was $233 million , or per diluted share. This compares with GAAP net income of $233 million , or per diluted share, for the year ended December 31, 2022 , which includes the per diluted share Wildfire and COVID deferral reversal charge resulting from the OPUC 2022 GRC Final O Show less Read more
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