Portland General Electric: Q4 Earnings Snapshot
PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Portland General Electric Co. (POR) on Tuesday reported profit of $41 million in its fourth quarter.
On a per-share basis, the Portland, Oregon-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.
The electric utility posted revenue of $889 million in the period.
For the year, the company reported profit of $306 million, or $2.77 per share. Revenue was reported as $3.58 billion.
Portland General Electric expects full-year earnings in the range of $3.33 to $3.53 per share.
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