What Portland General Electric (POR) Said on Its Q3 Earnings Call
Portland General Electric reported third-quarter GAAP net income of $119 million, or $1.00 per diluted share, and adjusted net income of $125 million, or $1.06 per diluted share. Historically mild weather reduced residential and small-commercial electricity demand.
Why it matters — The results and weather-related demand impact provide POR watchers context on quarterly earnings and electricity demand.