Avangrid Sees FY24 Adj. EPS $2.17-$2.32 Vs $2.25 Est.
Portfolio Pulse from Benzinga Newsdesk
Avangrid projects its FY24 adjusted EPS to be in the range of $2.17-$2.32, which is around the analyst estimate of $2.25.
April 23, 2024 | 9:24 pm
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Avangrid's FY24 adjusted EPS projection of $2.17-$2.32 is in line with analyst expectations, indicating stable financial performance.
Avangrid's EPS guidance for FY24 is closely aligned with analyst estimates, suggesting that the company's financial outlook is in line with market expectations. This alignment typically indicates a neutral short-term impact on the stock price, as the guidance does not significantly exceed nor fall short of market expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100