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News Breaks
February 22, 2013
05:44 EDTPORPortland General Electric sees FY13 $1.85-$2.00, consensus $1.91
Sees FY13 load growth of 0.5%-1% over weather-adjusted 2012.
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February 12, 2016
05:35 EDTPORPortland General Electric expects Carty Generating System in service by July
PGE currently estimates that the total capital expenditures for Carty will range from $620 million to $655 million, including AFDC, and is targeting an in service date in July 2016. PGE is currently in discussions with the sureties regarding their obligations under the performance bond. The company believes that the sureties will have an obligation under the performance bond to contribute funds toward the completion of Carty. However, the sureties have not yet made a determination with respect to their obligations. Accordingly, the amount of potential recovery of costs under the performance bond remains uncertain and cannot be reasonably estimated at this time. For additional information on Carty construction refer to PGE's Form 10-K for 2015 issued on Feb. 12, 2016.
05:34 EDTPORPortland General Electric sees FY16 EPS $2.20-$2.35, consensus $2.34
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05:33 EDTPORPortland General Electric reports Q4 EPS 57c, consensus 62c
Reports Q4 revenue $499M, consensus $544.39M.

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