UPDATE: Portland General Electric (POR) Tops Q4 EPS by 1c
Portland General Electric (NYSE: POR) reported Q4 EPS of $0.55, $0.01 better than the analyst estimate of $0.54.
"We are pleased with our strong financial results for 2018 and excited to announce the bid chosen from the Renewable RFP process," said Maria Pope, PGE president and CEO. "The first of its scale in North America, our collaboration with NextEra Energy Resources on the Wheatridge Renewable Energy Facility leverages both companies' strengths to combine wind and solar generation with energy storage at scale. We look forward to bringing the wind farm online in 2020, giving customers the benefit of the 100 percent federal production tax credit."
For earnings history and earnings-related data on Portland General Electric (POR) click here.