Thursday, Portland General Electric Co. (POR) reported third-quarter net income attributable to the company of $32 million or $0.43 per share compared to nil results for last year. On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.23 per share for the quarter.
Revenues for the quarter rose to $445 million from $400 million in the comparable period. Three analysts estimated revenues of $410.20 million for the quarter.
Looking ahead to fiscal 2009, PGE reaffirmed earnings guidance in the range of $1.35 - $1.45 per share. The company expects 2010 earnings per share ranging between $1.50 and $1.65. Eight analysts estimate earnings of $1.40 per share for fiscal 2009 and five analysts estimate earnings of $1.75 per share for 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.