India, Feb. 14 -- Portland General Electric Co. (POR), while reporting higher fiscal 2024 results, on Friday issued fiscal 2025 outlook, and reaffirmed long-term earnings growth view.
In pre-market activity on the NYSE, Portland General shares were gaining around 3.7 percent to trade at $43.69.
For fiscal 2025, the company projects adjusted earnings of $3.13 to $3.33 per share.
The Wall Street analysts on average expect the company to report earnings of $3.22 per share. Analysts' estimates typically exclude special items.
The company also reaffirmed 5 percent to 7 percent long-term earnings per share growth using a base of $3.08 per share, the mid-point of original 2024 adjusted earnings guidance.
As previously announced, the board of ...