Portland Gen Electric Narrowed FY23 Adjusted EPS from $2.60-$2.75 to $2.60-$2.65 Vs. $2.65 Est
Portfolio Pulse from Benzinga Newsdesk
Portland General Electric (PGE) has revised its full-year 2023 adjusted earnings guidance from $2.60-$2.75 to $2.60-$2.65 per diluted share. The new estimate is slightly below the previous estimate of $2.65.
October 27, 2023 | 9:05 am
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NEGATIVE IMPACT
PGE's revised earnings guidance for 2023 is slightly below the previous estimate, which could potentially impact investor sentiment.
PGE's revised earnings guidance for 2023 is slightly lower than the previous estimate. This could potentially lead to negative investor sentiment and a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100