Earnings Preview: Portland General Electric (POR) Q4 Earnings Expected to Decline

Core Viewpoint - Portland General Electric (POR) is anticipated to report a year-over-year decline in earnings due to lower revenues, which could significantly influence its near-term stock price depending on how actual results compare to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for February 14, 2025, with a consensus estimate of $0.32 per share, reflecting a year-over-year decrease of 52.9$716.17 million, down 1.2% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.91% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. However, the Most Accurate Estimate is lower than the consensus, resulting in an Earnings ESP of -2.36%, suggesting a bearish outlook on earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a strong predictive power for positive readings [6][7]. However, the current negative Earnings ESP reading complicates the prediction of an earnings beat for Portland General Electric [11]. Historical Performance - In the last reported quarter, Portland General Electric had an earnings surprise of +1.12%, having beaten consensus EPS estimates three times over the last four quarters [12][13]. Industry Comparison - In contrast, Ameren (AEE), another player in the electric utility sector, is expected to post earnings of $0.83 per share for the same quarter, indicating a year-over-year increase of 38.3$1.76 billion, up 8.7% [17]. However, Ameren also faces a negative Earnings ESP of -8.21%, making predictions about beating consensus estimates challenging [18].