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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PNM Resources

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement today on the previously announced merger agreement with PNM Resources, Inc. (PNM). “Since 2020, Avangrid, a national leader in clean energy, has fought to gain approval of its merger with PNM, a merger that would bring over $300 million in benefits to PNM consumers and communities and utilize the company's vast experience, and the exp.

Avangrid Statement on PNM Resources, Inc. Merger

ALBUQUERQUE, N.M. , Jan. 2, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) announces the termination of its merger agreement with Avangrid.

PNM Resources Announces Avangrid Termination of Merger Agreement, Schedules Financial Update

ORANGE, Conn.--(BUSINESS WIRE)--FERC Rules in Favor of Avangrid in California Energy Crisis Litigation.

FERC Rules in Favor of Avangrid in California Energy Crisis Litigation

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group announced today that the Vineyard Wind 1 project received the first funding from the first-of-its-kind tax equity package signed in October 2023, representing a critical milestone toward the delivery of first power from the project. Supportive government actions, such as federal tax credits for renewable energy projects, have been instrumental for Vineyard Wind 1, which is.

Avangrid Receives First Tax Equity Funding for Nation-Leading Vineyard Wind 1 Project

ORANGE, Conn.--(BUSINESS WIRE)-- #EmergencyResponse--AVANGRID DEPLOYS RESOURCES FROM NEW YORK AND CONNECTICUT TO ASSIST CENTRAL MAINE POWER IN RESTORATION EFFORTS FOLLOWING HISTORIC STORM.

Avangrid Deploys Resources From New York and Connecticut to Assist Central Maine Power in Restoration Efforts Following Historic Storm

ORANGE, Conn.--(BUSINESS WIRE)-- #BatsForTheFutureFund--Avangrid Foundation Awards $100,000 to Bats for the Future Fund to Combat White-Nose Syndrome.

Avangrid Foundation Awards $100,000 to Bats for the Future Fund to Combat White-Nose Syndrome

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment and in offshore wind development through its affiliate Vineyard Offshore, today submitted the second annual report to the Massachusetts Department of Energy Resources (DOER) entitled, “Vineyard Wind 1 Impact on Jobs and Economic Output.” The report finds that the Vineyard Wind 1 Proje.

Avangrid, Vineyard Offshore, Nearly Double Union Hiring Target For Vineyard Wind 1

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ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid's Fourteen ESG+F Accolades in 2023 Cement Company as a Clean Energy Leader.

Avangrid's Fourteen ESG+F Accolades in 2023 Cement Company as a Clean Energy Leader

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the first five GE Haliade-X turbines for the nation-leading Vineyard Wind 1 project, a critical milestone as the companies prepare to deliver the first power from the project to the electric grid in Massachusetts. Once energized in the coming weeks, Vineyard Wind 1, the first large-scale offshore wind project in the United States, wil.

Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project

Avangrid (AGR) reported earnings 30 days ago. What's next for the stock?

Why Is Avangrid (AGR) Up 6.7% Since Last Earnings Report?

ORANGE, Conn.--(BUSINESS WIRE)-- #GivingBack--Avangrid Announces eBill Incentive to Benefit Local Food Banks.

Avangrid Announces eBill Incentive to Benefit Local Food Banks

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore Wind Workshop on campus to outline opportunities and career pathways for local high school and college students in the New England region's emerging offshore wind industry. The workshop, which took place on November 9, 2023, hosted more than 80 local students from Fairchild Wheeler High School, Cen.

Avangrid, University of Bridgeport Host Offshore Wind Workshop for Local High School, College Students

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Chairman Ignacio Galán named on the inaugural TIME100 Climate List of the 100 most influential leaders driving business climate action.

Avangrid Chairman Ignacio Galán named on the inaugural TIME100 Climate List of the 100 most influential leaders driving business climate action

ORANGE, Conn.--(BUSINESS WIRE)-- #CarbonNeutrality--Avangrid Named a Leading Utility for Decarbonization by National Public Utilities Council.

Avangrid Named a Leading Utility for Decarbonization by National Public Utilities Council

ORANGE, Conn.--(BUSINESS WIRE)-- #VeteransDay--Avangrid's Veteran Workforce Double National Energy Industry Average.

Avangrid's Veteran Workforce Double National Energy Industry Average

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ORANGE, Conn.--(BUSINESS WIRE)--Statement from Avangrid on the Maine utility takeover referendum.

Statement From Avangrid on the Maine Utility Takeover Referendum

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Annual Hackathon Invests in the Next Generation of Clean Energy Talent.

Avangrid Annual Hackathon Invests in the Next Generation of Clean Energy Talent

Avangrid, Inc. (NYSE:AGR ) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Alvaro Ortega - VP of Finance, IR & Treasury Pedro Blazquez - CEO Patricia Cosgel - CFO Catherine Stempien - President & CEO, Avangrid Networks Jose Antonio Miranda - President & CEO, Avangrid Renewables Conference Call Participants Richard Sunderland - JPMorgan Michael Sullivan - Wolfe Research Sophie Karp - KeyBanc Julien Dumoulin-Smith - Bank of America Angie Storozynski - Seaport Research Operator Good morning, ladies and gentlemen. Welcome to Avangrid's Third Quarter 2023 Earnings Conference Call.

Avangrid, Inc. (AGR) Q3 2023 Earnings Call Transcript

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid's Parent Company Iberdrola Marks Spain's Contributions to U.S. Independence.

Avangrid's Parent Company Iberdrola Marks Spain's Contributions to U.S. Independence

Avangrid's (AGR) third-quarter earnings and sales miss estimates. The company maintains its earnings expectation for 2023.

AVANGRID's (AGR) Q3 Earnings Lag Estimates, Sales Rise Y/Y

Avangrid (AGR) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.31 per share a year ago.

Avangrid (AGR) Q3 Earnings and Revenues Miss Estimates

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its third quarter 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can access using the following link: www.avangrid.com. In conjunction with the earnings release, Avangrid will conduct a webcast conference call with financial analysts on Thursday, October 26, 2023, beginning at 10:00 A.M. ET. Avangrid's Executive team will present an overview of the financial results fol.

Avangrid Third Quarter 2023 Financial Results Available on Company's Website

BOSTON--(BUSINESS WIRE)-- #CleanEnergy--Avangrid and CIP Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

Avangrid and Copenhagen Infrastructure Partners Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

News for Avangrid Stock (AGR)