Portland General Electric (POR) Tops Q2 EPS by 10c, Revenues Miss; Boosts FY18 EPS Outlook

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Go back to Portland General Electric (POR) Tops Q2 EPS by 10c, Revenues Miss; Boosts FY18 EPS Outlook

Portland General Electric Announces Second Quarter 2018 Results

July 27, 2018 5:00 AM EDT

Settlement of Carty Generating Station litigation allows for full offset of incremental construction costs Increasing guidance from $2.10-$2.25 to $2.25-$2.40 per diluted share SP Global upgraded PGEs issuer credit rating from BBB to BBB+

PORTLAND, Ore.--(BUSINESS WIRE)-- Portland General Electric Company (NYSE: POR) today reported net income of $46 million, or 51 cents per diluted share, for the second quarter of 2018. This compares with net income of $32 million, or 36 cents per diluted share,... More