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Market Impact: 0.38

Portland General Electric (POR) Lags Q1 Earnings and Revenue Estimates

POR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Portland General Electric reported quarterly EPS of $0.58, missing the Zacks Consensus Estimate of $0.83 by $0.25 per share, or about 30%. Earnings also declined from $0.91 per share a year ago. The miss points to weaker-than-expected operating performance and is likely to pressure sentiment on the stock.

Analysis

Portland General Electric reported quarterly EPS of $0.58, missing the Zacks Consensus Estimate of $0.83 by $0.25 per share, or about 30%. Earnings also declined from $0.91 per share a year ago. The miss points to weaker-than-expected operating performance and is likely to pressure sentiment on the stock.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.55

Ticker Sentiment

POR-0.82