Portland General Electric (POR) Tops Q1 EPS by 5c, Revenues Beat; Affirms FY19 EPS Guidance
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Portland General Electric announces first quarter 2019 results
April 26, 2019 5:00 AM EDTPORTLAND, Ore., April 26, 2019 /PRNewswire/ -- Portland General Electric Company (NYSE: POR)Â today reported net income of $73 million, or 82 cents per diluted share, for the first quarter of 2019. This compares with net income of $64 million, or 72 cents per diluted share, for the first quarter of 2018.
"Against the backdrop of highly volatile regional energy markets, our power supply portfolio performed well, allowing us to effectively manage costs and deliver solid results," said Maria Pope, PGE president and CEO. "Additionally, we are advancing our transportation electrification plan to expand infrastructure and increase... More
