Portland General Electric Co (POR, Financial) is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is $859.78 million, and the earnings are expected to come in at $0.73 per share. The full year 2024's revenue is expected to be $3.08 billion and the earnings are expected to be $3.06 per share. More detailed estimate data can be found on the Forecast page.
Portland General Electric Co (POR, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Portland General Electric Co (POR) for the full year 2024 have increased from $3.07 billion to $3.08 billion, and for 2025 from $3.24 billion to $3.25 billion. Earnings estimates have risen from $3.04 per share to $3.06 per share for the full year 2024, while for 2025, they have slightly declined from $3.25 per share to $3.23 per share.
Portland General Electric Co (POR, Financial) Reported History
In the previous quarter of June 30, 2024, Portland General Electric Co's (POR) actual revenue was $758 million, which beat analysts' revenue expectations of $716.58 million by 5.78%. Portland General Electric Co's (POR) actual earnings were $0.69 per share, which beat analysts' earnings expectations of $0.66 per share by 4.7%. After releasing the results, Portland General Electric Co (POR) was down by -0.94% in one day.
Portland General Electric Co (POR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Portland General Electric Co (POR) is $51.95 with a high estimate of $59 and a low estimate of $46. The average target implies an upside of 6.03% from the current price of $49.
Based on GuruFocus estimates, the estimated GF Value for Portland General Electric Co (POR, Financial) in one year is $51.5, suggesting an upside of 5.1% from the current price of $49.
Based on the consensus recommendation from 13 brokerage firms, Portland General Electric Co's (POR, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
