- Portland General Electric press release ( NYSE: POR ): FY Non-GAAP EPS of $2.74 misses by $0.04 .
- Revenue of $2.65B (+10.9% Y/Y) beats by $140M .
- Initiating 2023 adjusted earnings guidance of $2.60 to $2.75 per diluted share vs. consensus of $2.70 and reaffirming 5% to 7% long-term earnings per share growth using 2022 non-GAAP adjusted base year.
- 2024 test year general rate case filed, focused on capital investments and policy items to support safe, reliable and clean energy service.
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Portland General reports mixed FY earnings; initiates 2023 guidance and reaffirming long-term earnings growth