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Portland General Electric logs increases in Q1 net income, revenue from SNL Energy Finance Daily Portland General Electric logs increases in Q1 net income, revenueByline: Nephele Kirong Portland General Electric Co. on April 30 reported net income of $96 million, or $1.07 per share, in the first quarter of 2021, up from $81 million, or 91 cents per share, in the same period in 2020. The S&P Capital IQ consensus normalized EPS estimate for the quarter was 93 cents. Revenues totaled $609 million in the first quarter, compared with $573 million in the year-ago period. Income from operations was unchanged at $133 million. The company reaffirmed its 2021 earnings guidance of $2.55 per share to $2.70 per share. |
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