Portland General Electric Company Q4 Earnings Rise 20%
WASHINGTON (dpa-AFX) - Portland General Electric Company (POR) announced a profit for its fourth quarter that climbed compared to the same period last year.
The company said its bottom line came in at $61 million, or $0.68 per share. This was higher than $51 million, or $0.57 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.0% to $524 million. This was up from $499 million last year.
Portland General Electric Company earnings at a glance:
-Earnings (Q4): $61 Mln. vs. $51 Mln. last year. -Earnings Growth (Y-o-Y): 19.6% -EPS (Q4): $0.68 vs. $0.57 last year. -EPS Growth (Y-o-Y): 19.3% -Analysts Estimate: $0.61 -Revenue (Q4): $524 Mln vs. $499 Mln last year. -Revenue Change (Y-o-Y): 5.0%
-Guidance: Full year EPS guidance: $2.20 - $2.35
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