Portland General Electric reported increased profit and revenue, beating estimates

From Nasdaq: 2025-02-14 05:11:24

Portland General Electric Company (POR) reported a profit of $313 million, or $3.01 per share, for the full year, surpassing Street estimates. Adjusted earnings were $327 million or $3.14 per share, slightly beating analysts’ expectations of $3.13 per share. The company’s revenue increased by 17.7% to $3.440 billion from $2.923 billion last year. Earnings on a GAAP basis showed significant growth compared to the previous year, with EPS rising from $2.33 to $3.01.



Read more at Nasdaq: Portland General Electric Company Full Year Profit Increases, Beats Estimates