Recap: Portland General Electric Q2 Earnings


Portland Gen Electric POR reported its Q2 earnings results on Thursday, July 28, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.


Portland Gen Electric beat estimated earnings by 38.46%, reporting an EPS of $0.72 versus an estimate of $0.52.

Revenue was up $54.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.21 which was followed by a 4.11% drop in the share price the next day.

Here's a look at Portland Gen Electric's past performance:


Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.88 0.76 0.64 0.37
EPS Actual 0.67 0.73 0.56 0.36
Revenue Estimate 607.82M 533.13M 550.87M 485.08M
Revenue Actual 625.00M 614.00M 654.00M 537.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).


Portland Gen Electric management provided guidance for FY 2022, expecting earnings between $2.74 and $2.89 per share.

To track all earnings releases for Portland Gen Electric visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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