Avangrid's Earnings: A Preview

Avangrid AGR is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Avangrid to report an earnings per share (EPS) of $0.33.

Investors in Avangrid are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.13, leading to a 0.03% drop in the share price the following trading session.

Here's a look at Avangrid's past performance and the resulting price change:

Stock Performance

Shares of Avangrid were trading at $35.65 as of October 18. Over the last 52-week period, shares are up 18.59%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Avangrid visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.