Portland General Electric announces 2019 financial results and initiates 2020 earnings guidance
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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US:NYSE Investor Relations:
investors.portlandgeneral.com
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Source: PR Newswire
PORTLAND, Ore., Feb. 14, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $214 million, or $2.39 per diluted share, for the year ended Dec. 31, 2019. This compares with net income of $212 million, or $2.37 per diluted share, for the year ended Dec. 31, 2018. Net income was $61 million, or $0.68 per diluted share, for the fourth quarter of 2019. This compares with $49 million, or $0.55 per diluted share, for the comparable period of 2018."I am pleased with our financial results and the progress that we continue to make on our strategic objectives to decarbonize our power supply, electrify other sectors of the economy and operate efficiently," said Maria Pope, PGE president and CEO. "In 2020 we are focused on investments that enhance reliability and resiliency."2019 earnings compared to 2018 earningsThe increase in full-year 2019 earnings was driven by an increase in revenues from higher retail prices and increased loads from industrial cus
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News
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- Reasons to Add Portland General Electric (POR) to Your Portfolio [Yahoo! Finance]Yahoo! Finance
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POR
Earnings
- 2/16/24 - Miss
POR
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/16/24 - Form 144
- POR's page on the SEC website