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Portland General Electric Q1 2023 Earnings Report

Portland General Electric logo
$46.73 -0.40 (-0.85%)
(As of 02:16 PM ET)

Portland General Electric EPS Results

Actual EPS
$0.80
Consensus EPS
$0.79
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$0.67

Portland General Electric Revenue Results

Actual Revenue
$748.00 million
Expected Revenue
$622.50 million
Beat/Miss
Beat by +$125.50 million
YoY Revenue Growth
+19.50%

Portland General Electric Announcement Details

Quarter
Q1 2023
Time
Before Market Opens
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Portland General Electric Earnings Headlines

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About Portland General Electric

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities. It also has 28,868 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

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