Portland General Electric (POR) Misses Q1 EPS by 21c; Lowers FY22 EPS Guidance

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Portland General Electric Announces First Quarter 2022 Results

April 28, 2022 5:00 AM EDT

Continued strong energy deliveries and customer growth amid challenging cost pressuresIssued RFP shortlist results for renewable and non-emitting capacity resources with project selection targeted by the end of 2022Revising 2022 earnings guidance from $2.75 to $2.90 to $2.50 to $2.65 per diluted share, to reflect reductions to 2020 regulatory deferrals

PORTLAND, Ore., April 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $60 million, or $0.67 per diluted share, for the first quarter of 2022. This... More