WASHINGTON (dpa-AFX) - Portland General Electric Company (POR) released a profit for its third quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $93 million, or $0.90 per share. This compares with $47 million, or $0.46 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 15.8% to $929 million from $802 million last year.
Portland General Electric Company earnings at a glance (GAAP) :
-Earnings (Q3): $93 Mln. vs. $47 Mln. last year. -EPS (Q3): $0.90 vs. $0.46 last year. -Revenue (Q3): $929 Mln vs. $802 Mln last year.
-Guidance: Full year EPS guidance: $3.08 - $3.18
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2024 AFX News
