Shares of Portland General Electric Company (POR) are falling about 3 percent before the bell on Friday, following the company's first-quarter financial results announcement, which saw a decline in earnings to $45 million, or $0.38 per share, from $100 million, or $0.91 per share, last year.
In the pre-market hours, the company's stock is trading at $50.01, down 3.70 percent or $1.92, over the previous close of $51.05 on the New York Stock Exchange. It has traded between $39.55 and $54.62 in the past one year.
Concurrently, the company reaffirmed its full-year 2026 outlook, expecting adjusted earnings of $3.33 to $3.53 per share for the period.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.