Portland General Electric Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 27, 2023 at 05:00 am
Portland General Electric Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 802 million compared to USD 743 million a year ago. Revenue was USD 802 million compared to USD 743 million a year ago. Net income was USD 47 million compared to USD 58 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.65 a year ago.
For the nine months, sales was USD 2,198 million compared to USD 1,960 million a year ago. Revenue was USD 2,198 million compared to USD 1,960 million a year ago. Net income was USD 160 million compared to USD 182 million a year ago. Basic earnings per share from continuing operations was USD 1.65 compared to USD 2.04 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 2.04 a year ago.