Portland General Electric reports Q2 non-GAAP EPS of $0.64, missing estimates as revenue rises 0.9% year-over-year to $814M.
Portland General Electric posted Q2 non-GAAP earnings per share of $0.64, missing street expectations by $0.03. Revenue reached $814M, up 0.9% year-over-year but falling short by $23.43M.
The company reaffirmed its 2026 adjusted earnings guidance of $3.33 to $3.53, maintaining prior outlook targets. Analysts had anticipated stronger performance amid modest revenue growth.
Shares showed limited immediate reaction to the earnings miss, focusing instead on the unchanged long-term guidance.