Earnings ·
Reports Q3 adjusted EPS of $1.06 and cuts full-year guidance to $3.18-$3.28 per share
PORPortland General Electric Co
Portland General Electric reported third-quarter 2026 net income of $119 million, or $1.00 per diluted GAAP share, and adjusted non-GAAP earnings of $125 million, or $1.06 per diluted share. Unfavorable weather conditions reduced customer demand, creating a $0.15 year-over-year EPS headwind in the quarter. Consequently, the company revised its full-year 2026 adjusted earnings guidance downward to $3.18-$3.28 per diluted share from the previous range of $3.33-$3.53. The firm also announced a quarterly dividend of 55.125 cents per share, payable on or before January 15, 2027, to shareholders of record as of December 22, 2026. Portland General Electric is an integrated energy company that generates, transmits and distributes electricity in Oregon.