Portland General Electric Company Q3 Income Advances 18%

(RTTNews) - Portland General Electric Company (POR) released earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $40 million, or $0.44 per share. This was up from $34 million, or $0.38 per share, in last year's third quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.4% to $515 million. This was up from $484 million last year.

Portland General Electric Company earnings at a glance:

-Earnings (Q3): $40 Mln. vs. $34 Mln. last year. -Earnings Growth (Y-o-Y): 17.6% -EPS (Q3): $0.44 vs. $0.38 last year. -EPS Growth (Y-o-Y): 15.8% -Analysts Estimate: $0.38 -Revenue (Q3): $515 Mln vs. $484 Mln last year. -Revenue Change (Y-o-Y): 6.4%

-Guidance: Full year EPS guidance: $2.20-$2.35