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

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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

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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), a leading sustainable energy company, is pleased to announce that its joint venture, Vineyard Wind, has today entered into a Project Labor Agreement (PLA) with the Massachusetts Building Trades and local union affiliates for the construction beginning later this year of Vineyard Wind 1, an 800 megawatt (MW) offshore wind project. “We are proud to work with organized labor to make history by building the nation's first large-scale offsh

First Large-Scale Offshore Wind Project in U.S. to Be Built With Union Labor

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Avangrid (AGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avangrid (AGR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID submits concepts for projects nationwide as part of U.S. Department of Energy RFI to enable low cost, clean hydrogen at scale.

AVANGRID Poised to Build Green Hydrogen Future

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR) today confirmed that the U.S. Bureau of Ocean Energy Management (BOEM) has issued a Notice of Intent (NOI) to proceed with an Environmental Impact Study (EIS) for the Park City Wind project, an 804 megawatt (MW) offshore wind project that is being developed by Avangrid Renewables and Copenhagen Infrastructure Partners. The NOI initiates a 30-day public comment period to define the scope of the EIS, the major permitting study required fo

BOEM Advances Permitting of Connecticut's Largest Offshore Wind Project

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its second quarter 2021 financial results on Tuesday, July 20, 2021 after the market closes in a news release to be posted to the Investors' section of the company's website at www.avangrid.com/wps/portal/avangrid/Investors. The company will issue an advisory news release over Business Wire the evening of July 20th, which will include a link to the financial results news release on the company's website. In conjunction

AVANGRID Schedules Second Quarter 2021 Earnings Release and Conference Call

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ORANGE, Conn.--(BUSINESS WIRE)--New Mexico regulator sets procedural schedule for PNM Resources Merger with AVANGRID

New Mexico Regulator Sets Procedural Schedule for PNM Resources Merger With Avangrid

ALBUQUERQUE, N.M., June 1, 2021 /PRNewswire/ -- On Friday, the Hearing Examiner for the New Mexico Public Regulation Commission (NMPRC) set the remaining procedural schedule for the amended stipulation in the merger application of Public Service Company of New Mexico (PNM) and its parent company, PNM Resources, Inc. (NYSE: PNM), with AVANGRID (NYSE: AGR).

Hearings Scheduled on Amended Stipulation for PNM Resources' Merger with AVANGRID

ORANGE, Conn.--(BUSINESS WIRE)--Nuclear Regulatory Commission approval received for AVANGRID merger with PNM Resources.

Nuclear Regulatory Commission Approval Received For AVANGRID Merger With PNM Resources

ALBUQUERQUE, N.M., May 26, 2021 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) and AVANGRID (NYSE: AGR) yesterday received approval from the sixth regulatory entity, the Nuclear Regulatory Commission (NRC), for their proposed merger.

Nuclear Regulatory Commission Approves PNM Merger with AVANGRID

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

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

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