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Portland General Electric: Q1 Earnings Snapshot

The Seattle Times·The Associated Press The Associated Press·about 1 month ago
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PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Portland General Electric Co. (POR) on Friday reported first-quarter earnings of $45 million. The Portland, Oregon-based company said it had profit of 38 cents per share. Earnings, adjusted for one-time gains and costs, came to 58 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. The electric utility posted revenue of $879 million in the period. Portland General Electric expects full-year earnings in the range of $3.33 to $3.53 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POR at https://www.zacks.com/ap/POR See more Seattle Times content on Google The Seattle Times does not append comment threads to stories from wire services such as the Associated Press, The New York Times, The Washington Post or Bloomberg News.…

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