Add as a preferred source on GooglePortland General Electric Company Cuts 2026 EPS Outlook After Q3 Miss
Third-quarter non-GAAP EPS was $1.06, $0.06 below estimates. Revenue rose 2% year over year to $971 million but missed estimates by $49 million.
Portland General Electric Company cut its 2026 adjusted earnings per share (EPS) outlook Thursday after unusually mild weather weighed on third-quarter results. The revised range is below the $3.33 consensus estimate.
Third-quarter non-GAAP EPS was $1.06, missing estimates by $0.06. Revenue reached $971 million, a 2% increase from a year earlier, but came in $49 million below estimates.
The company now expects adjusted EPS of $3.18 to $3.28 for 2026, down from its previous range of $3.33 to $3.53. The top of the new range is $0.05 below the consensus estimate.
John Kim
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