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AVANGRID Reports Second Quarter 2018 Earnings Results & Reaffirms 2018 Earnings Outlook

AVANGRID INC (AGR)  More Company Research Source: Business Wire
Last avangrid inc earnings: 7/24 07:00 am Check Earnings Report
PDF 2Q ’18 consolidated U.S. GAAP net income of $107 million, or $0.35 per share; consolidated non-U.S. GAAP adjusted net income of $128 million, or $0.41 per share Reaffirms 2018 earnings per share outlook of $2.16-$2.46 on a U.S. GAAP basis and $2.22-$2.50 on a non-U.S. GAAP adjusted basis; guiding to the lower half of the 2018 earnings per share range Executed a contract for additional ~158 mega-watts (MW) for a new wind project; ~497 MW wind & solar projects currently under construction Completed the sale of Gas Storage businesses Increased annual dividend to $1.76 per share; 3Q ’18 dividend of $0.44 per share declared The 800 MW offshore wind project of Vineyard Wind, a 50/50 partnership with Copenhagen Infrastructure Partners (CIP), was selected in the Massachusetts (MA) 83C clean energy request for proposa [Read more]

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