Portland General Electric: Q2 Earnings Snapshot
(AP) — Portland General Electric Co. (POR) on Friday reported second-quarter net income of $68 million.
Reported by 1 outlet — Seattle Times. See all sources ↓
Portland General Electric reported second‑quarter net income of $68 million. That equals 59 cents per share. After adjusting for one‑time items, earnings were 64 cents per share. The company said the results met Wall Street expectations.
Why it matters
The earnings show how the utility is performing financially, which can affect electricity rates and investor confidence. It also gives a snapshot of the regional energy market.
- What was Portland General Electric's net income for Q2?
- It was $68 million.
- What were the adjusted earnings per share?
- Adjusted earnings were 64 cents per share.
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Portland General Electric: Q2 Earnings Snapshot
Sources1TypeCoverageSeattle Times