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Stock impact report

AVANGRID Reports First Quarter 2020 Earnings Results and Declares Quarterly Dividend

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
First quarter results improve year-over-year, driven by improved Renewables productionActively monitoring and addressing the key COVID-19 impacts, while continuing to move forward with operations, investments and regulatory filings Affirming 2020 Earnings OutlookOtter Creek 158 MW wind farm in Illinois reached COD in early MarchAdditional 908 MW of 2020 onshore wind and repowering projects progressing as expected ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYSE: AGR) reported consolidated U.S. GAAP net income of $240 million, or $0.78 per share, for the first quarter ended March 31, 2020, compared to $217 million, or $0.70 per share, for the same period in 2019.On a non-U.S. GAAP adjusted basis, consolidated net income for the first quarter 2020 was $236 million, or $0.76 per share, compared to $219 million, or $0.71 per share, for the same period in 2019. U.S. GAAP Net Income (Loss) - $MThree Months ended March 31,20202019'20 vs '19Networks$197 $201$(4)Renewables  Show less Read more
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