Portland General Electric (POR) Q1 Earnings and Revenues Lag Estimates

Core Viewpoint - Portland General Electric (POR) reported quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.93 per share, and down from $1.21 per share a year ago, indicating a -2.15% earnings surprise [1] Financial Performance - The company posted revenues of $928 million for the quarter ended March 2025, which was 0.41% below the Zacks Consensus Estimate and slightly down from $929 million year-over-year [2] - Over the last four quarters, Portland General Electric has surpassed consensus EPS estimates three times and topped revenue estimates three times as well [2] Stock Performance - Since the beginning of the year, Portland General Electric shares have declined approximately 1.5%, outperforming the S&P 500's decline of 6.8% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.64 on revenues of $767.66 million, and for the current fiscal year, it is $3.21 on revenues of $3.6 billion [7] - The estimate revisions trend for Portland General Electric is mixed, and future revisions may change following the recent earnings report [6] Industry Context - The Utility - Electric Power industry is currently in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]