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AI brief of an SEC Form 8-K · Portland General Electric (POR)

Portland General Electric Q3 profit rises to $94 million; 2024 EPS guidance floor raised

Positive Impact 4 of 5 earnings Written later

Portland General Electric reported third-quarter 2024 GAAP net income of $94 million, or $0.90 per diluted share, up from $47 million, or $0.46 per diluted share, a year earlier, on total revenues of $929 million versus $802 million. The company narrowed its 2024 adjusted earnings guidance to $3.08 to $3.18 per diluted share from $2.98 to $3.18, raising the low end of the range.

Key points

  • Q3 2024 GAAP net income was $94 million, or $0.90 per diluted share, versus $47 million, or $0.46, in Q3 2023
  • Total revenues were $929 million for Q3 2024 versus $802 million for Q3 2023
  • 2024 adjusted EPS guidance narrowed to $3.08 to $3.18 per diluted share from $2.98 to $3.18
  • Quarterly common stock dividend of $0.50 per share is payable on or before January 15, 2025 to holders of record on December 24, 2024

The filing

CompanyPortland General Electric (POR)
Form8-K, current report
Filed with the SECOct 25, 2024, 8:59 AM ET
Accession number0000784977-24-000170

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.