A Preview Of Portland Gen Electric's Earnings
Portfolio Pulse from Benzinga Insights
Portland Gen Electric (NYSE:POR) is scheduled to release its quarterly earnings report on February 16, 2024. Analysts predict an EPS of $0.88. The focus for investors will be not only on beating this estimate but also on the company's guidance for future growth. Historical data shows a mixed performance in beating EPS estimates, with a notable 0.0% share price drop following a miss last quarter. Over the past year, POR shares have declined by 19.33%, indicating potential concern among long-term investors ahead of this earnings announcement.
February 15, 2024 | 2:01 pm
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NEUTRAL IMPACT
Portland Gen Electric is anticipated to report an EPS of $0.88 in its upcoming earnings, with investor focus on beating estimates and future guidance. Historical performance and a 19.33% annual decline in share price highlight the importance of this earnings report.
The expected EPS of $0.88 sets a critical benchmark for Portland Gen Electric's upcoming earnings report. Given the historical sensitivity of POR's share price to earnings performance and guidance, this report could significantly influence investor sentiment. The 19.33% decline in share price over the past year further underscores the earnings announcement's potential impact. However, the score remains neutral due to the unpredictable nature of market reactions to earnings reports and guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100