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Stock impact report

Portland General Electric Co (POR) Reports Mixed 2023 Results and Sets 2024 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
Adjusted Earnings : Non-GAAP adjusted net income of $233 million, or $2.38 per diluted share for 2023. Revenue Growth : Total revenues increased to $2.923 billion in 2023 from $2.647 billion in 2022. Capital Investments : Invested $1.462 billion in capital assets focusing on decarbonization and grid resiliency. 2024 Guidance : Initiates 2024 adjusted earnings guidance of $2.98 to $3.18 per diluted share. Strategic Developments : Secured 475 MW of battery storage and advanced construction of the Clearwater Wind Development. Warning! GuruFocus has detected 6 Warning Signs with POR. On February 16, 2024, Portland General Electric Co ( NYSE:POR ) released its 8-K filing , announcing its financial results for the year ended December 31, 2023. The company reported a GAAP net income of $228 million, or $2.33 per diluted share, which includes a $0.05 per diluted share charge related to the Boardman revenue requirement settlement. Adjusting for this charge, the non-GAAP net income Show less Read more
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