Portland General Electric Announces First Quarter 2024 Results
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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Source: PR Newswire
First quarter results reflect continued strong semiconductor and data center demand growthClearwater Wind Development placed into service in January, providing geographic resource diversity and 311 MW of clean energy generation to customersReaffirming 2024 adjusted earnings guidance of $2.98 to $3.18 per diluted sharePORTLAND, Ore., April 26, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $109 million, or $1.08 per diluted share, for the first quarter of 2024. After adjusting for the impact of the January 2024 storm, first quarter 2024 non-GAAP net income was $123 million, or $1.21 per diluted share. This compares with GAAP net income of $74 million, or $0.80 per diluted share, for the first quarter of 2023."Our results this quarter speak to strong execution and robust semiconductor and data center growth, underscoring the importance of Portland General Electric's commitment to in
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News
- Portland General Electric Company (NYSE:POR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Oracle Energy and Water Awards Recognize Utilities Leading in Industry Transformation and Innovation [Yahoo! Finance]Yahoo! Finance
- Portland General Electric (NYSE: POR) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Portland General Electric (POR) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Portland General Electric (NYSE:POR) Is Increasing Its Dividend To $0.50 [Yahoo! Finance]Yahoo! Finance
POR
Earnings
- 4/26/24 - Beat
POR
Sec Filings
- 4/26/24 - Form 8-K
- 4/26/24 - Form 10-Q
- 4/24/24 - Form 8-K
- POR's page on the SEC website