Portland General Electric (POR) Misses Q4 EPS by 5c

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Portland General Electric Reports 2015 Financial Results and Initiates 2016 Earnings Guidance

February 12, 2016 5:00 AM EST

Fourth quarter 2015 earnings per share were impacted $0.05 due to lower than expected retail loads from warmer weather Construction continues at Carty with the company currently targeting an in service date in July 2016 Initiating 2016 earnings guidance of $2.20 to $2.35 per diluted share

PORTLAND, Ore.--(BUSINESS WIRE)-- Portland General Electric Company (NYSE: POR) today reported net income of $172 million, or $2.04 per diluted share, for the year ended Dec. 31, 2015. This compares with $175 million, or $2.18 per diluted share,... More