2023-04-28 05:11:10 ET
- Portland General Electric press release ( NYSE: POR ): Q1 Non-GAAP EPS of $0.81 beats by $0.02 .
- Revenue of $748M (+19.5% Y/Y) beats by $125.5M .
- Reaffirming 2023 adjusted earnings guidance of $2.60 to $2.75 per diluted share vs. consensus of $2.66.
- An increase in energy deliveries between 2.5% and 3%, weather adjusted;
- Effective tax rate of 15% to 20%;
- Cash from operations of $550 to $600 million;
- Capital expenditures of $1,325 million; and
- Average construction work in progress balance of $560 million.
For further details see:
Portland General Electric beats Q1 top and bottom line estimates; reaffirms FY23 outlook