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Stock impact report

Portland General Electric Announces First Quarter 2024 Results [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
Clearwater Wind Development placed into service in January, providing geographic resource diversity and 311 MW of clean energy generation to customers Reaffirming 2024 adjusted earnings guidance of to per diluted share PORTLAND, 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 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 per diluted share. This compares with GAAP net income of $74 million , or 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 investments in grid resilience," said Maria Pope , PGE President and CEO. "The PGE team navigated extreme wint Show less Read more
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