Portland General Electric Reports Q3 Earnings Miss and Lowers 2026 Guidance
Portland General Electric (POR) reported third-quarter non-GAAP earnings per share of $1.06, falling short of analyst expectations by $0.06. While revenue grew 2.0% year-over-year to $971 million, this figure missed consensus estimates by approximately $49 million. The company has lowered its 2026 adjusted EPS guidance to a range of $3.18–$3.28, down from the previous projection of $3.33–$3.53. Management attributed the downward revision primarily to unusually mild weather conditions during the third quarter, which impacted seasonal demand.
Tickers: $POR
Topics: earnings miss guidance reduction revenue miss weather impact
Read the full article at Seeking Alpha
Part of the story Portland General Electric Reports Q3 Earnings Miss and Lowers 2026 Guidance (5 articles)