Portland General Electric announces second quarter 2020 results

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Portland General Electric (POR) Tops Q2 EPS by 10c, Revenues Beat; Offers FY20 EPS Guidance

July 31, 2020 5:51 AM EDT

Portland General Electric (NYSE: POR) reported Q2 EPS of $0.43, $0.10 better than the analyst estimate of $0.33. Revenue for the quarter came in at $469 million versus the consensus estimate of $455.84 million.

"We achieved solid second quarter financial results, driven by a combination of favorable hydro and wind conditions and lower operating expenses," said Maria Pope, PGE president... More