PORTLAND GENERAL ELECTRIC CO (NYSE:POR) Reports Mixed Q2 2025 Earnings with EPS Beat and Revenue Slightly Above Estimates

PORTLAND GENERAL ELECTRIC CO (NYSE:POR) reported mixed second-quarter 2025 results, with earnings per share (EPS) slightly exceeding analyst expectations while revenue came in modestly above estimates. The utility company posted adjusted non-GAAP EPS of $0.66, beating the consensus estimate of $0.6475, while revenue of $807 million surpassed the projected $801.3 million.

Key Takeaways from Q2 2025 Earnings

• GAAP vs. Non-GAAP Earnings: The company reported GAAP net income of $62 million ($0.56 per diluted share), down from $72 million ($0.69 per diluted share) in Q2 2024. However, after adjusting for business transformation costs, non-GAAP earnings improved to $73 million ($0.66 per diluted share).
• Revenue Performance: Sales of $807 million exceeded expectations, reflecting stable demand in Oregon’s electricity market.
• Market Reaction: Shares rose nearly 2% in pre-market trading, suggesting investor optimism about the earnings beat. However, the stock has been relatively flat over the past month, declining 0.58%, indicating broader market caution.

Comparing Estimates vs. Actuals

• Q2 EPS: Reported $0.66 (Non-GAAP) vs. $0.6475 estimate (beat by ~1.9%).
• Q2 Revenue: $807M vs. $801.3M estimate (beat by ~0.7%).
• Full-Year 2025 Estimates: Analysts expect revenue of $3.64 billion and EPS of $3.27.
• Q3 2025 Outlook: Revenue is projected at $985.4M with EPS of $0.976.

The pre-market uptick suggests that investors are responding positively to the earnings beat, though the muted performance over the past month indicates lingering uncertainty, possibly tied to broader utility sector trends or regulatory factors.

For a deeper dive into earnings trends and analyst projections, review the full earnings and estimates breakdown.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.