Portland General Electric (POR) Tops Q1 EPS by 15c, Revenues Beat; Offers FY21 EPS Guidance

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Go back to Portland General Electric (POR) Tops Q1 EPS by 15c, Revenues Beat; Offers FY21 EPS Guidance

Portland General Electric Announces First Quarter 2021 Results

April 30, 2021 5:00 AM EDT

PORTLAND, Ore., April 30, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $96 million, or $1.07 per diluted share, for the first quarter of 2021. This compares with net income of $81 million, or 91 cents per diluted share, for the first quarter of 2020.

"While the first quarter presented challenges, the team remains focused on supporting customers," said Maria Pope, PGE president and CEO. "I am proud of the way we came together to restore power quickly, and safely, during a once in 40-year ice event. These events demonstrate the... More