Portland General Electric reports Q2 adjusted EPS 44c, consensus 62c

Reports Q2 revenue $758M, consensus $715.05M. “Our solid second quarter results underscore the strength of our strategy as we work to position Portland General Electric for long-term value creation in a service territory that’s poised for continued economic growth,” said Maria Pope, PGE President and CEO. “We were pleased to see our system demonstrate strong resilience against the record heat we recently experienced. We remain focused on customer affordability and making thoughtful, high impact investments to harden and modernize our grid as we provide clean and reliable energy to our fellow Oregonians.”