Portland General Electric (POR) Reports In-Line Q4 EPS; Maintains FY20 EPS Guidance

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Go back to Portland General Electric (POR) Reports In-Line Q4 EPS; Maintains FY20 EPS Guidance

Portland General Electric announces 2019 financial results and initiates 2020 earnings guidance

February 14, 2020 5:00 AM EST

PORTLAND, Ore., Feb. 14, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $214 million, or $2.39 per diluted share, for the year ended Dec. 31, 2019. This compares with net income of $212 million, or $2.37 per diluted share, for the year ended Dec. 31, 2018. Net income was $61 million, or $0.68 per diluted share, for the fourth quarter of 2019. This compares with $49 million, or $0.55 per diluted share, for the comparable period of 2018.

"I am pleased with our financial results and the progress that we continue to make on our strategic objectives to decarbonize... More