Portland Gen Electric Q3 EPS $0.46, Down from $0.65 YoY, Sales $802.00M Beat $749.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Portland General Electric (POR) reported Q3 earnings per share (EPS) of $0.46, down from $0.65 year-over-year (YoY). However, the company's sales of $802.00M beat the estimate of $749.17M.
October 27, 2023 | 9:03 am
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Portland General Electric's Q3 EPS fell YoY, but sales exceeded estimates.
While Portland General Electric's Q3 EPS fell YoY, which could negatively impact the stock, the company's sales exceeded estimates, which could have a positive effect. The net impact on the stock is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100