Portland General Electric (POR) Q3 Earnings Surpass Estimates

Core Insights - Portland General Electric (POR) reported quarterly earnings of $1 per share, exceeding the Zacks Consensus Estimate of $0.98 per share, and showing an increase from $0.9 per share a year ago, resulting in an earnings surprise of +2.04% [1][2] - The company posted revenues of $952 million for the quarter ended September 2025, which was below the Zacks Consensus Estimate by 2.51%, but an increase from $929 million year-over-year [2] - The stock has gained approximately 5% since the beginning of the year, underperforming compared to the S&P 500's gain of 16% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $892.8 million, and for the current fiscal year, it is $3.22 on revenues of $3.6 billion [7] - The estimate revisions trend for Portland General Electric was favorable prior to the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Utility - Electric Power industry, to which Portland General Electric belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [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]