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Stock impact report

Portland General Electric Announces Second Quarter 2018 Results

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: Business Wire
Settlement of Carty Generating Station litigation allows for full offset of incremental construction costs Increasing guidance from $2.10-$2.25 to $2.25-$2.40 per diluted share SP Global upgraded PGE’s issuer credit rating from BBB to BBB+ PORTLAND, Ore.--(BUSINESS WIRE)-- Portland General Electric Company (NYSE: POR) today reported net income of $46 million, or 51 cents per diluted share, for the second quarter of 2018. This compares with net income of $32 million, or 36 cents per diluted share, for the second quarter of 2017. “I’m pleased to put the Carty litigation behind us and recognize the increase in our credit ratings,” said Maria Pope, president and CEO. “In addition, we’re making progress in bringing customers new renewable resources and programs, including our renewable RFP and green tariff.” Q2 2018 earnings compared with Q2 2017 e Show less Read more
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