Avangrid

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avangrid reports robust Q4 earnings, eyes growth amid challenges

Avangrid's Q4 2022 earnings call highlighted strong financial performance, strategic investments in clean energy, and positive outlook for 2023. Challenges in Networks earnings and ongoing negotiations pose potential impacts on future financial results.

Avangrid reports solid Q1 results, affirms 2023 earnings outlook

Avangrid's Q1 performance driven by strategic initiatives in networks and renewables, affirming outlook for 2023 earnings.
Balancing challenges of higher costs and pending rate cases with opportunities in project advancements and financial sustainability.
Maintaining focus on trust, collaboration, and growth prospects, with a commitment to executing value creation in regulated and renewables businesses.
Confidence in achieving targets, managing costs, and capturing growth opportunities through planned investments in renewable energy expansion.

Avangrid meets Q2 expectations, focuses on sustainability and growth

Avangrid's Q2 performance met expectations, with a strong focus on sustainability and growth initiatives.
The company faces challenges in navigating rate cases, mergers, and strategic asset management.
Opportunities in renewable energy projects, transmission investments, and talent development can drive future success.
Overall, Avangrid's commitment to financial stability, renewable energy, and stakeholder value creation positions it for long-term growth.

Avangrid reports solid Q3 earnings, focuses on growth opportunities

Avangrid's Q3 performance showed solid financial results, progress on key projects, and recognition for sustainability efforts. While facing challenges with wind project terminations and CFO resignation, the company is focused on leveraging opportunities for growth and enhancing compliance. Avangrid's strategic focus on sustainability, project development, and financial metrics remains strong.

Avangrid reports robust Q4 earnings, eyes growth in renewables

Avangrid's Q4 2023 performance reflects strong financial results and strategic investments in renewables, positioning the company for future growth.
While facing challenges such as legal matters and strategic decisions, Avangrid's commitment to operational efficiency and growth opportunities remains strong.
With a clear focus on financial stability, dividend policy, and long-term growth prospects, Avangrid is poised for continued success in the energy sector.

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ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) posted its first quarter 2021 earnings release and presentation in the Investors section of the Company's website. Interested parties can access the information by using the following link: www.avangrid.com. In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Tuesday, May 4, 2021 beginning at 10:00 A.M. ET. AVANGRID's Executive team will present an overview of the financial

AVANGRID First Quarter 2021 Financial Results Available on Company's Website

Avangrid (NYSE:AGR) announces its next round of earnings this Monday, May 03. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.

Earnings Outlook for Avangrid

Avangrid (AGR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Avangrid (AGR) Might Surprise This Earnings Season

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ORANGE, Conn.--(BUSINESS WIRE)--FERC approves AVANGRID's proposed PNM Resources merger, on track to close in the second half of 2021.

FERC Approves AVANGRID's Proposed PNM Resources Merger

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its first quarter 2021 financial results on Monday, May 3, 2021 after the market closes in a news release to be posted on the company's website at: www.avangrid.com. The company will issue an advisory news release over Business Wire the evening of May 3rd, which will include a link to the financial results news release on the company's website. In conjunction with the earnings release, AVANGRID will conduct a webcast co

AVANGRID Schedules First Quarter 2021 Earnings Release and Conference Call

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID reaches settlement with key stakeholders in Texas for PNM Resources merger; transaction remains on track to close the second half of 2021.

AVANGRID Reaches Settlement With Key Stakeholders in Texas for PNM Resources Merger

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ORANGE, Conn.--(BUSINESS WIRE)--FCC approves transfer of licenses related to AVANGRID's proposed PNM Resources merger, on track to close second half of 2021.

FCC Approves Transfer of Licenses Related to AVANGRID's Proposed PNM Resources Merger

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. confirmed BOEM issued the Final Environmental Impact Statement for Vineyard Wind 1.

AVANGRID Offshore Wind Joint Venture Vineyard Wind 1 Achieves Key Regulatory Milestone

Avangrid, Inc. (AGR) CEO Dennis Arriola on Q4 2020 Results - Earnings Call Transcript

Shares of Avangrid (NYSE:AGR) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 16.22% year over year to $0.62, which beat the estimate of $0.57.

Recap: Avangrid Q4 Earnings

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ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYE: AGR), a leading sustainable energy company, reported consolidated U.S. GAAP net income of $166 million, or $0.54 per share and $581 million, or $1.88 per share, for the fourth quarter and full year ended December 31, 2020, respectively. On a non-U.S. GAAP adjusted basis, consolidated net income for the fourth quarter and full year 2020 was $191 million, or $0.62 per share and $625 million, or $2.02 per share, respectively. “Our results

AVANGRID Reports Fourth Quarter and Full Year 2020 Financial Results

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID recognized among World's Most Ethical Companies in 2021 for third consecutive year by Ethisphere.

AVANGRID Recognized Among World's Most Ethical Companies in 2021 for Third Consecutive Year by Ethisphere

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, provided the following statement: The extreme cold weather in Texas has been unprecedented, resulting in outages impacting millions in the state. Despite this challenge, our team has worked safely and relentlessly to operate our Texas wind generation facilities to their maximum potential given the difficult conditions. Through our proactive and prudent risk management, we have met all of our delive

AVANGRID Statement on Texas Cold Weather Event

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID announces open solicitation from qualified developers for Excelsior Connect, a clean energy superhighway linking upstate and downstate NY.

AVANGRID Announces Open Solicitation From Qualified Developers for Excelsior Connect

ORANGE, Conn.--(BUSINESS WIRE)--PNM Resources shareholders approve proposed AVANGRID merger; Proxy vote represents latest milestone in approval process

PNM Resources Shareholders Approve Proposed AVANGRID Merger

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID appoints Catherine S. Stempien as President and CEO of AVANGRID Networks

AVANGRID Appoints Catherine S. Stempien President & CEO of Avangrid Networks

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its fourth quarter & full-year 2020 financial results on Tuesday, February 23, 2021, after the market closes. In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Wednesday, February 24, 2021 beginning at 10:00 A.M. Eastern time. AVANGRID's Executive team will present an overview of the financial results followed by a question and answer session with se

AVANGRID Schedules Fourth Quarter & Full-Year 2020 Earnings Release and Conference Call

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID received clearance from CFIUS at the conclusion of the initial review period related to the proposed merger combination with PNM Resources.

AVANGRID Receives Clearance From the Committee on Foreign Investment in the US (CFIUS) for PNM Resources Merger

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID confirmed today that the applicable waiting period under the HSR Act has expired for the proposed merger combination with PNM Resources.

AVANGRID Announces Expiration of Hart-Scott-Rodino Antitrust Waiting Period For PNM Resources Merger

LA CROSSE, Wis., Jan. 19, 2021 /PRNewswire/ -- Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR) completed commissioning of the 154.8 megawatt (MW) Tatanka Ridge Wind Farm on January 5, 2021. The facility's 56 wind turbines are located in Deuel County, S.D., northeast...

Tatanka Ridge Wind Farm Achieves Commercial Operation

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Avangrid's fortunes are overseen by regulators rated as either Average or Below Average and should be a concern for investors. Over the next several years, the importance of Avangrid's regulatory environment will be tested as sector operating costs increase.

News for Avangrid Stock (AGR)