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

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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)-- #CleanEnergy--Avangrid's Digital Summit Showcases the Technologies Shaping the Future of the Energy Industry.

Avangrid's Digital Summit Showcases the Technologies Shaping the Future of the Energy Industry

ORANGE, Conn.--(BUSINESS WIRE)-- #CarbonReduction--Avangrid Named to Smart Electric Power Alliance's 2030 Club for Leading Carbon Reduction Commitment.

Avangrid Named to Smart Electric Power Alliance's 2030 Club for Leading Carbon Reduction Commitment

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid and Vitol Reach Landmark Transfer Agreement for $100 Million of Production Tax Credits.

Avangrid and Vitol Reach Landmark Transfer Agreement for $100 Million of Production Tax Credits

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that Avangrid Chairman Ignacio Galán submitted the company's accredited Climate Transition Plan to the UN Secretary-General António Guterres on Wednesday September 20, 2023, as the company was recognized as a “first mover and doer” leader at the Climate Ambition Summit, during the UN General Assembly in New York. Iberdrola, Avangrid's parent company.

Avangrid Chairman Galán submits Iberdrola Climate Transition Plan to United Nations Secretary-General

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has earned 12 awards and recognitions in 2023 across all aspects of Environmental, Social, Governance and Financial Stewardship (ESG+F). In addition, Avangrid Chairman Ignacio Galán has been awarded two prestigious honors this year from the Foreign Policy Association and the World Jurist Association. “Each and every one of these awards is a refle.

Avangrid Earns Twelve ESG+F Accolades in 2023

ORANGE, Conn.--(BUSINESS WIRE)-- #EmergencyPrepardness--Avangrid Companies Preparing for Impacts from Hurricane Lee.

Avangrid Companies Preparing for Impacts from Hurricane Lee

ORANGE, Conn.--(BUSINESS WIRE)-- #SmallBusiness--Avangrid's Expanded Supplier Diversity Program Opens Doors to Innovation.

Avangrid's Expanded Supplier Diversity Program Opens Doors to Innovation

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the start of the wind turbine installation campaign for Avangrid's Vineyard Wind 1 project. The installation campaign follows the successful transportation earlier this week of the first GE Haliade-X Wind Turbine Generator (WTG) from the New Bedford Marine Commerce Terminal to the wind energy development area more than 30 miles off the coast of Cape.

Avangrid's Vineyard Wind 1 Begins Wind Turbine Installation Campaign

ORANGE, Conn.--(BUSINESS WIRE)-- #Cybersecurity--Avangrid Named Top Innovator by Public Utilities Fortnightly.

Avangrid Named Top Innovator by Public Utilities Fortnightly

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Pilots New Technology to Increase Grid Capacity in New York to Accelerate Renewable Energy Adoption.

Avangrid Pilots New Technology to Increase Grid Capacity in New York to Accelerate Renewable Energy Adoption

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

Why Is Avangrid (AGR) Down 7.5% Since Last Earnings Report?

Avangrid's (AGR) latest solar project boosts its commitment to developing renewable projects. It helps it be on track to being the third largest renewable energy operator in the United States.

Avangrid (AGR) Unveils its First California Solar Project

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid Announces Camino Solar, Its First Photovoltaic Project in California.

Avangrid Announces Camino Solar, Its First Photovoltaic Project in California

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid's Brian Harrell and Steven Hersem Receive Patriot Award for Supporting National Guard and Reserve Team Members.

Avangrid's Brian Harrell and Steven Hersem Receive Patriot Award for Supporting National Guard and Reserve Team Members

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ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Pioneers In-House Creation of Artificial Intelligence to Increase Reliability.

Avangrid Pioneers In-House Creation of Artificial Intelligence to Increase Reliability

AVANGRID (AGR) is expected to further benefit from its long-term investment plans and expanding wind and solar generation portfolio. However, PNM Resources' merger delay might impact negatively.

AVANGRID (AGR) to Gain From Investments Amid Merger Delay

BOSTON--(BUSINESS WIRE)--Avangrid Unveils Vineyard Wind 1 Offshore Wind Substation – The First in the U.S.

B-ROLL, PHOTOS - Avangrid Unveils Vineyard Wind 1 Offshore Wind Substation – The First in the U.S.

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Recognized Globally for Strong ESG Performance on FTSE4Good Index.

Avangrid Recognized Globally for Strong ESG Performance on FTSE4Good Index

Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets

BOSTON--(BUSINESS WIRE)--Avangrid (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, announced today the successful installation of the offshore substation at its Vineyard Wind 1 project, the first large-scale offshore wind farm in the U.S., currently under construction off the coast of Massachusetts. An offshore substation is a critical component of an offshore wind farm, designed and built to collect and export the electricity generated by the wind turbine gene.

Avangrid Announces Installation Completion of the First Offshore Substation in the U.S.

Avangrid, Inc. (NYSE:AGR ) Q2 2023 Results Conference Call July 27, 2023 10:00 AM ET Company Participants Alvaro Ortega - Vice President of Finance, Investor Relations and Treasury Pedro Blazquez - Chief Executive Officer Patricia Cosgel - Chief Financial Officer Catherine Stempien - President and Chief Executive Officer, Avangrid Networks Jose Antonio Miranda - President and Chief Executive Officer, Avangrid Renewables Conference Call Participants Richard Sunderland - JPMorgan Julien Dumoulin-Smith - Bank of America Michael Sullivan - Wolfe Research Operator Welcome to Avangrid's Second Quarter 2023 Earnings Conference Call [Operator Instructions]. I will now turn the call over to Alvaro Ortega, Vice President of Finance, Investor Relations and Treasury.

Avangrid, Inc. (AGR) Q2 2023 Earnings Call Transcript

AVANGRID (AGR) second-quarter 2023 earnings and revenues decline year over year. Total operating expenses decrease during the same period.

AVANGRID's (AGR) Q2 Earnings Miss Estimates, Sales Decline Y/Y

Avangrid (AGR) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.46 per share a year ago.

Avangrid (AGR) Q2 Earnings and Revenues Lag Estimates

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its second 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, July 26, 2023, beginning at 10:00 A.M. ET. Avangrid's Executive team will present an overview of the financial results follo.

News for Avangrid Stock (AGR)