Portland General Electric (POR) Tops Q2 EPS by 23c; Offers FY22 Guidance

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Go back to Portland General Electric (POR) Tops Q2 EPS by 23c; Offers FY22 Guidance

Portland General Electric Announces Second Quarter 2022 Results

July 28, 2022 5:00 AM EDT

Revising 2022 GAAP basis earnings guidance from $2.50 to $2.65 to $2.60 to $2.75 per diluted share; initiating non-GAAP basis adjusted full-year 2022 earnings guidance of $2.74 to $2.89 which reflects the exclusion of previously disclosed deferral reductions related to 2020Continued strong energy delivery and customer growth, coupled with favorable power cost conditionsFiled for amortization of 2021 Power Cost Adjustment Mechanism, 2020 Labor Day Wildfire and February 2021 Ice Storm deferrals

PORTLAND, Ore., July 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net... More