Garbage Out: The Unreliability of DCF Extremes

November 4, 2014

David Pomper gave a presentation entitled “Garbage Out: The Unreliability of DCF Extremes” at the Energy Bar Association’s 2014 Mid-Year Meeting and Conference held November 4-5, 2014 in Washington, D.C. Reviewing the incorrect earnings growth estimates imputed by Thomson Reuters for Portland General Electric Co., he showed how sloppy compilation of earnings growth estimates frequently distorts the results of FERC’s standard methodology for estimating the cost of equity. You may download the presentation slides below.