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Portland General Electric Company (POR)
NYSE:POR
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.96Last Year’s EPS
1.21Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 25, 2025
|% Change Since: -3.77%
|Next Earnings Date:Jul 25, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong industrial performance and ongoing efforts in wildfire mitigation and capital investments. However, challenges such as decreased net income and increased operating expenses were noted. The sentiment is balanced with both positive growth prospects and ongoing challenges.Company Guidance
During the Portland General Electric Company's Q1 2025 earnings call, management provided guidance that reaffirmed their 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and a long-term earnings and dividend growth rate of 5% to 7%. They reported a GAAP net income of $100 million or $0.91 per diluted share for the first quarter, compared to $109 million or $1.08 per diluted share in Q1 2024. The company also noted strong load growth, particularly from high-tech and data center customers, with a 4.6% total load growth and a 16.4% increase in industrial load. Portland General Electric plans to spend over $120 million on wildfire mitigation in 2025, while also advancing their regulatory strategy for the Seaside battery project. The company emphasized their commitment to cost management and the pursuit of a holding company structure to increase financial flexibility. They also discussed ongoing negotiations with 2023 RFP bidders, aiming for project completion by 2027, and highlighted the importance of federal policies impacting renewable procurement and financing strategies.Strong Load Growth and Industrial Performance
Portland General Electric reported a 4.6% total load growth and a significant 16.4% growth in industrial load, primarily driven by high-tech and data center customers.
Advancements in Wildfire Mitigation
PGE plans to spend over $120 million on wildfire mitigation in 2025, including capital investments and operational expenses, and is actively engaging with stakeholders to address wildfire risks.
Reaffirmation of Earnings and Load Growth Guidance
The company reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and long-term load growth guidance of 3% through 2029.
Ongoing Capital Investments and Seaside Battery Update
PGE's five-year capital forecast remains consistent, with the Seaside battery project on track to come into service by June, complementing existing battery portfolios.
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POR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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POR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 25, 2025 | $42.98 | $41.36 | -3.77% |
| Feb 14, 2025 | $41.64 | $41.16 | -1.15% |
| Oct 25, 2024 | $47.71 | $47.25 | -0.96% |
| Jul 26, 2024 | $46.30 | $45.86 | -0.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Portland General Electric Company (POR) report earnings?
Portland General Electric Company (POR) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Portland General Electric Company (POR) earnings time?
Portland General Electric Company (POR) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is POR EPS forecast?
POR EPS forecast for the fiscal quarter 2025 (Q1) is 0.96.
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