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AVANGRID's (AGR) Q2 Earnings and Revenues Beat Estimates
AGRAvangrid(AGR) ZACKS·2024-07-24 15:50

AVANGRID, Inc. (AGR) reported second-quarter 2024 earnings of 49 cents per share, which surpassed the Zacks Consensus Estimate of 27 cents by 81.5%. The bottom line also increased 133.3% from the year-ago quarter’s figure of 21 cents.Total RevenuesOperating revenues amounted to 1.92billion,whichbeattheZacksConsensusEstimateof1.92 billion, which beat the Zacks Consensus Estimate of 1.72 billion by 11.9%. The top line also increased 21.2% from 1.59billionreportedinthecomparableperiodof2023.HighlightsoftheReleaseOperatingexpensestotaled1.59 billion reported in the comparable period of 2023.Highlights of the ReleaseOperating expenses totaled 1.7 ...