Portland General Electric Q3 Profit Rises to $119 Million, Revenue Up 2%

Portland General Electric Company (POR) reported net income of $119 million, or $1.00 per share, for its third quarter, up from $103 million, or $0.94 per share, a year earlier. Adjusted earnings came in at $125 million, or $1.06 per share. Revenue for the period rose 2% to $971 million from $952 million last year. The utility issued full-year EPS guidance of $3.18 to $3.28.