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) will participate in the AGA Financial Forum beginning on Wednesday, May 19, 2021. Investors and other interested parties will be able to access a copy of the marketing materials in the Investors section of the Company's website. Click here for direct access. About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $38 billion in as

AVANGRID to Participate in the American Gas Association 2021 Financial Forum

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, confirmed today that the U.S. Bureau of Ocean Energy Management (BOEM) has issued its Record of Decision (ROD) for Vineyard Wind 1, an 800-megawatt project of AVANGRID joint venture Vineyard Wind. This final major federal approval will enable the beginning of construction activities on the first commercial-scale offshore wind project in the U.S. this year. The project represents the beginning of an

AVANGRID Offshore Wind Joint Venture Makes History With Federal Approval

PNM Resources

ORANGE, Conn.--(BUSINESS WIRE)--Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support from New Mexico Stakeholders

Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support From New Mexico Stakeholders

ALBUQUERQUE, N.M., May 6, 2021 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources, Inc. (NYSE: PNM), including its Texas utility subsidiary, Texas-New Mexico Power Company (TNMP), with AVANGRID (NYSE: AGR).

PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas

ORANGE, Conn.--(BUSINESS WIRE)--Public Utility Commission of Texas Approves AVANGRID Merger with Texas-New Mexico Power Company

Public Utility Commission of Texas Approves AVANGRID Merger With Texas-New Mexico Power Company

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Appoints Zsoka McDonald as Company's First Chief Sustainability Officer and Senior Vice President of Corporate Communications

AVANGRID Appoints Zsoka McDonald as Company's First Chief Sustainability Officer

Avangrid, Inc. (AGR) CEO Dennis Arriola on Q1 2021 Results - Earnings Call Transcript

Avangrid (AGR) delivered earnings and revenue surprises of 46.15% and 9.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Avangrid (AGR) Surpasses Q1 Earnings and Revenue Estimates

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

Macy's

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.

News for Avangrid Stock (AGR)