PGE posts 4Q profit

PGE posts 4th-quarter profit of $61 million

PORTLAND, Ore. (AP) _ Portland General Electric Co. (POR) on Friday reported fourth-quarter earnings of $61 million.

On a per-share basis, the Portland, Oregon-based company said it had profit of 68 cents.

The electric utility posted revenue of $524 million in the period.

For the year, the company reported profit of $193 million, or $2.16 per share. Revenue was reported as $1.92 billion.

PGE expects full-year earnings to be $2.20 to $2.35 per share.

PGE shares have dropped slightly since the beginning of the year. The stock has climbed 14 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on POR at


Keywords: PGE, Earnings Report


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