Earnings Outlook For Avangrid
Portfolio Pulse from Benzinga Insights
Avangrid (NYSE:AGR) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $0.41. The company's past performance shows a trend of share price changes following earnings reports. Last quarter, the company missed EPS by $0.11, resulting in a 3.82% drop in share price. The stock is currently trading at $38.36, down 18.05% over the last 52-week period.
July 25, 2023 | 8:03 pm
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Avangrid's upcoming earnings report could impact its stock price, as seen in previous quarters. The stock is currently down 18.05% over the last 52-week period.
Avangrid's stock price has shown to be sensitive to its earnings reports. Last quarter, the company missed its EPS estimate, which led to a 3.82% drop in share price. Given the stock's negative return over the last 52 weeks, investors may be bearish going into this earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100