National Grid H1 Adj. EPS $0.33 Down From $0.38 YoY, Underlying Sales $7.02B Down From $11.12B YoY
Portfolio Pulse from Benzinga Newsdesk
National Grid (NYSE:NGG) reported a decrease in its H1 adjusted EPS from $0.38 YoY to $0.33, a 13.16% decrease. The company's underlying sales also decreased from $11.12B YoY to $7.02B, a 36.88% decrease.
November 09, 2023 | 9:43 am
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NEGATIVE IMPACT
National Grid's H1 adjusted EPS and underlying sales have decreased significantly YoY, which could negatively impact the company's stock price.
National Grid's significant decrease in H1 adjusted EPS and underlying sales YoY indicates a potential decline in the company's financial performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100