Portland General Electric second-quarter profit rises to $68 million

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Portland General Electric Company reported a second-quarter profit of $68 million, or $0.59 per share, up from $62 million, or $0.56 per share, in the same period last year. Excluding items, adjusted earnings were $74 million, or $0.64 per share. Revenue rose 0.9% to $814 million from $807 million a year earlier. The company issued full-year earnings per share guidance of $3.33 to $3.53.

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Portland General Electric Co
POR
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Second-quarter profit and adjusted earnings rose year-over-year, with revenue up and full-year EPS guidance provided.