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Stock impact report

AVANGRID's (AGR) Q2 Earnings and Revenues Beat Estimates [Yahoo! Finance]

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
AGR reported second-quarter 2024 earnings of 49 cents per share, which surpassed the Zacks Consensus Estimate of 27 cents by 81.5%. The bottom line also increased 133.3% from the year-ago quarter's figure of 21 cents. Total Revenues Operating revenues amounted to $1.92 billion, which beat the Zacks Consensus Estimate of $1.72 billion by 11.9%. The top line also increased 21.2% from $1.59 billion reported in the comparable period of 2023. Avangrid, Inc. Price, Consensus and EPS Surprise Avangrid, Inc. price-consensus-eps-surprise-chart | Avangrid, Inc. Quote Highlights of the Release Operating expenses totaled $1.72 billion, up 17.9% from the year-ago quarter's recorded number of $1.46 billion. This was due to an 11.4% increase in purchased power, natural gas and fuel used. The operating income amounted to $201 million, up 59.5% from $126 million reported in the prior-year period. The adjusted net income was $189 million, up 136.3% from $80 million recorded in the compa Show less Read more
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