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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.