AVANGRID (AGR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y

AVANGRID, Inc. (AGR) reported fourth-quarter 2023 earnings of 97 cents per share, which surpassed the Zacks Consensus Estimate of 94 cents by 3.2%. The bottom line also increased 149% from the year-ago quarter’s 39 cents.Full-year 2023 earnings were $2.09 per share, down 10.3% from the previous year’s level of $2.33.Total RevenuesOperating revenues amounted to $2.28 billion, which missed the Zacks Consensus Estimate of $2.42 billion by 5.7%. The top line increased 5.6% from $2.16 billion reported in the com ...