Portland General Electric Company Cuts 2026 EPS Outlook After Q3 Miss
Photo: TokenPost
Portland General Electric Company cut its 2026 adjusted earnings per share (EPS) outlook Thursday after unusually mild weather weighed on third-quarter results. The revised range is below the $3.33 consensus estimate. Third-quarter non-GAAP EPS was $1.06, missing estimates by $0.06. Revenue reached $971 million, a 2% increase from a year earlier, but came in $49 million below estimates. The company now expects adjusted EPS of $3.18 to $3.28 for 2026, down from its previous range of $3.33 to $3.53. The top of the new range is $0.05 below the consensus estimate. John Kim reports on the digital-asset business for TokenPost.
Source: TokenPost
