logo
Plus   Neg
Share
Email

Portland General Electric Q4 Profit Rises, Guides FY20 EPS In Line With View

Portland General Electric Co. (POR) on Friday reported fourth quarter net income of $61 million or $0.68 per share, up from $49 million or $0.55 per share a year ago.

On average, 9 analysts polled by Thomson Reuters expected the company to earn $0.68 per share. Analysts' estimates usually exclude special items.

Looking ahead to fiscal 2020, the company initiated its earnings guidance in a range of $2.50 to $2.65 per share. The Street is looking for earnings of $2.56 per share for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT
>