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Portland General Electric Company (POR) reported earnings for second quarter that declined from the same period last year.


RTTNews | Jul 30, 2021 05:13AM EDT

05:12 Friday, July 30, 2021 (RTTNews.com) - Portland General Electric Company (POR) reported earnings for second quarter that declined from the same period last year.

The company's earnings came in at $32 million, or $0.36 per share. This compares with $39 million, or $0.43 per share, in last year's second quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.5% to $537 million from $469 million last year.

Portland General Electric Company earnings at a glance:

-Earnings (Q2): $32 Mln. vs. $39 Mln. last year.-EPS (Q2): $0.36 vs. $0.43 last year.-Analysts Estimate: $0.37-Revenue (Q2): $537 Mln vs. $469 Mln last year.

-Guidance:Full year EPS guidance: $2.70 to $2.85

Read the original article on RTTNews ( https://www.rttnews.com/3214083/portland-general-electric-company-reveals-drop-in-q2-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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