Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services in a service territory that includes about half of all Oregon residents and two-thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.6 gigawatts of gas, coal, wind, and hydro generation, along with 300 megawatts of energy storage. In February 2026, PGE proposed acquiring utilities in Washington state from Berkshire Hathaway Energy.
Zacks Investment Research
Portland General Electric (POR) Misses Q3 Earnings EstimatesPortland General Electric reported Q3 2026 earnings of $1.06 per share, missing the consensus estimate of $1.07, though revenues exceeded expectations at $971 million. The company has failed to surpass consensus EPS estimates over the last four quarters and received an unfavorable estimate revision trend, resulting in a Zacks Rank #4 (Sell) rating. The stock has underperformed the S&P 500 by 21% year-to-date.
Zacks Investment Research
Portland General Electric (POR) Earnings Expected to Grow: Should You Buy?Portland General Electric is expected to report Q3 2026 earnings of $1.10 per share (up 10% YoY) with revenues of $927.52 million (down 2.6% YoY) on October 29. However, the stock carries a Zacks Rank #4 (Sell) with an Earnings ESP of 0%, making it difficult to predict an earnings beat. The company has beaten consensus estimates only once in the last four quarters, suggesting limited upside potential from the earnings announcement.
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