Avangrid Q3 Earnings Beat Estimates, Revenues Increase Y/Y

Avangrid, Inc. (AGR) reported third-quarter 2024 earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 33 cents by 66.7%. The bottom line also increased 104% from the year-ago figure of 27 cents.Total RevenuesOperating revenues amounted to $2.08 billion, which beat the Zacks Consensus Estimate of $2.01 billion by 3.7%. The top line also increased 5.5% from $1.97 billion reported in the comparable period of 2023. Highlights of the ReleaseOperating expenses totaled $1.83 billion, dow ...