Portland General Electric Narrows 2024 Adjusted EPS Outlook To $3.08 -$3.18 from $2.98 - $3.18 Vs. $3.08 Consensus
Portfolio Pulse from Benzinga Newsdesk
Portland General Electric has updated its 2024 adjusted EPS outlook to a range of $3.08 to $3.18, narrowing from the previous range of $2.98 to $3.18. This aligns with the consensus estimate of $3.08.
October 25, 2024 | 9:06 am
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Portland General Electric has revised its 2024 adjusted EPS outlook to $3.08-$3.18, narrowing the range and aligning with the consensus estimate of $3.08. This suggests a more focused earnings expectation.
The narrowing of the EPS range to align with consensus indicates a more precise earnings forecast, which can be seen as a positive signal to investors, potentially leading to a short-term positive impact on the stock price.
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