AVANGRID, Inc. (AGR) reported first-quarter 2024 earnings of 88 cents per share, which surpassed the Zacks Consensus Estimate of 71 cents by 23.9%. The bottom line also increased 37.5% from the year-ago quarter’s figure of 64 cents.Total RevenuesOperating revenues amounted to $2.42 billion, which missed the Zacks Consensus Estimate of $2.57 billion by 6.01%. The top line also decreased 2% from $2.47 billion reported in the comparable period of 2023. Highlights of the ReleaseOperating expenses totaled $2.01 ...

Avangrid (AGR) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.94%. A quarter ago, it was expected that this diversified energy and utility company would post earnings of $0.94 per share when it actually produced earnings of $0.97, delivering a surprise of 3.19%.Over the last four ...

Exhibit 99.1 OR IMMEDIATE RELEASE Contacts: Analysts: Charlotte Ancel, Charlotte.Ancel@Avangrid.com, 203-997-7366 Media: Leo Rosales, Leo.Rosales@Avangrid.com, 518-419-2401 AVANGRID REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • Delivered earnings of $0.91 per share and adjusted earnings of $0.88 per share, +43% & +38% year-over-year, respectively • Executing on multi-year rate plans in New York and Maine • Submitted multiple proposals into the recent tri-state offshore wind solicitation • Executed 251 MW o ...

Avangrid, Inc. (AGR) announced that it has started to construct Camino Solar Project in Kern County, CA. These 57 megawatts (MW) solar farm will have 105,000 solar panels and will generate enough clean energy to meet the needs of 14,000 households.Avangrid has been adding clean source of energy in its generation portfolio and reduce emission from the production process. Camino Solar Project is AGR’s first solar venture in California and is situated beside its existing 189 MW Manzana Wind Farm, which reached ...

BUFFALO, N.Y.--(BUSINESS WIRE)--The 13th cohort of FeedMore WNY’s free workforce development program, RISE, graduated yesterday, thanks in significant part to a grant from the Avangrid Foundation, the primary philanthropic arm of NYSEG’s parent company Avangrid, Inc. (NYSE: AGR). The Avangrid Foundation recently awarded a $20,000 grant to FeedMore WNY, $10,000 of which supported the RISE program. The additional $10,000 from the grant was allocated for critical equipment improvements in FeedMore WNY’s commis ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it earned an Eddy Award from Pension & Investments for the company’s groundbreaking Student Loan Debt Repayment Program, which saved Avangrid employees more than $1.5 million last year in principal and estimated interest. “Student loan debt surpasses all other categories of consumer debt, besides mortgages, in the United States,” said Pedro Azagra, Ava ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it is enhancing customer service at several of its electric and natural gas utilities by launching bill explainer videos. This new educational tool will be available for customers of United Illuminating (UI) in Connecticut, Central Maine Power (CMP) in Maine, and New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) in New York. “ ...

WANAN YOSSINGKUM/iStock via Getty Images Foreword This article is based on 100 top sustainable companies based on Calvert Research and Management's annual review of more than 230 Environmental, Social and Governance [ESG] performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions, as reported in the February 26, 2024 edition of Barron's weekly. How Barron's determined their list "To build Barron's seventh annual ranking of the most sustainable companies, Calvert ...

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the construction of what will be the company’s fifth wind farm in Illinois. Osagrove Flats, located in La Salle County, will include 34 wind turbines with a total capacity of 153 MW. “Avangrid has a long track record of successfully partnering with Illinois communities to build and operate wind farms, helping accelerate a clean energy transition in the state ...

Investors interested in Utility - Electric Power stocks are likely familiar with Avangrid (AGR) and PSEG (PEG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earn ...