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Portland General Electric: Q2 Earnings Snapshot
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PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Portland General Electric Co. (POR) on Friday reported second-quarter net income of $68 million.

On a per-share basis, the Portland, Oregon-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, were 64 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 64 cents per share.

The electric utility posted revenue of $814 million in the period.

Portland General Electric expects full-year earnings in the range of $3.33 to $3.53 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POR at https://www.zacks.com/ap/POR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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