Portland General Electric (POR) Reports Q1 EPS

Portland General Electric Company (NYSE:POR) is one of the

15 Best Power Generation Stocks To Buy For Data Center Demand.

On May 1, 2026, Portland General Electric Company (NYSE:POR) reported Q1 EPS of 58c, versus the 77c consensus estimate, while revenue came in at $879M compared to expectations of $954.96M. CEO Maria Pope said the company remains focused on disciplined execution, adding that strong operational performance and cost controls helped offset the impact of an unusually mild winter.

Portland General Electric Company (NYSE:POR) maintained its FY26 EPS outlook of $3.33-$3.53 compared to consensus estimates of $3.41. The company also maintained its FY26 capital expenditure plan of $1.66B and expects its effective tax rate for the year to remain between 15% and 20%. Weather-adjusted energy deliveries are expected to increase between 1.5% and 2.5%.

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Ahead of the earnings report, Wells Fargo analyst Shahriar Pourreza raised the firm’s price target on Portland General Electric Company (NYSE:POR) to $51 from $49 and maintained an Equal Weight rating. The firm updated its Q1 estimates across regulated utility coverage following discussions with management teams.

Portland General Electric Company (NYSE:POR) is an integrated electric utility engaged in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in Oregon.

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