Portland General Electric

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus, with a top-line miss but a narrow bottom-line beat on a non-GAAP basis. Revenue of $814M fell short of the $837.4M expectation, despite a robust 11.2% growth in industrial load driven by high-tech and data centers. Non-GAAP EPS of $0.64 slightly exceeded the $0.63 consensus, supported by effective cost management. Management reaffirmed full-year FY26 adjusted EPS guidance of $3.33 to $3.53, aligning with long-term growth targets.