Portland Gen Electric Q3 2024 GAAP EPS $0.90 Beats $0.73 Estimate, Sales $942.000M Beat $859.775M Estimate
Portfolio Pulse from Benzinga Newsdesk
Portland Gen Electric reported Q3 2024 earnings per share of $0.90, surpassing the analyst estimate of $0.73. The company's sales reached $942 million, exceeding the expected $859.775 million and marking a 17.60% increase from the previous year.
October 25, 2024 | 9:02 am
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Portland Gen Electric's Q3 2024 earnings and sales significantly exceeded analyst expectations, with EPS at $0.90 and sales at $942 million, indicating strong financial performance.
The company's earnings per share and sales both exceeded analyst estimates by significant margins, indicating strong financial health and potential for positive stock movement. The 17.60% increase in sales compared to the previous year further supports a positive outlook.
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IMPORTANCE 90
RELEVANCE 100