Avangrid (AGR) to Report Q1 Earnings: What's in Store? [Yahoo! Finance]
Avangrid, Inc. (AGR)
Last avangrid, inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
avangrid.com/wps/portal/avangrid/investors/investors
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Source: Yahoo! Finance
Let's discuss the factors likely to be reflected in the upcoming quarterly results. Factors to Consider Avangrid's first-quarter earnings are likely to have benefited from new rates approved in its service territories in New York and Maine. The new onshore renewable installed capacity is also expected to have contributed to first-quarter bottom line. However, still-high interest rates and higher depreciation expenses are likely to have a negative impact on the company's first-quarter earnings. Q1 Expectations The Zacks Consensus Estimate for earnings is pegged at 70 cents per share, reflecting an increase of 7.7% in the past 30 days. The Zacks Consensus Estimate for revenues is pinned at $2.51 billion, implying an improvement of 1.84% from the year-ago levels. What Our Quantitative Model Predicts Our proven model does not conclusively predict an earnings beat for Avangrid this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2
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AGR
News
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- Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico [Yahoo! Finance]Yahoo! Finance
- Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New MexicoBusiness Wire
- AtkinsRéalis Awarded Master Service Agreement for Program Management and Owners Engineering Services by Avangrid Networks [Yahoo! Finance]Yahoo! Finance
AGR
Earnings
- 4/23/24 - Beat
AGR
Sec Filings
- 5/2/24 - Form 4/A
- 5/1/24 - Form 4
- 4/26/24 - Form 10-K/A
- AGR's page on the SEC website