PORTLAND, Ore. (AP) — Portland General Electric Co. (POR) on Friday reported a third-quarter loss of $17 million, after reporting a profit in the same period a year earlier.

The Portland, Oregon-based company said it had a loss of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.

The electric utility posted revenue of $547 million in the period.

PGE expects full-year earnings to be $1.40 to $1.60 per share.

PGE shares have dropped 29% since the beginning of the year. The stock has dropped 30% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POR at https://www.zacks.com/ap/POR

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