Avangrid Q2 2024 GAAP EPS $0.44 Beats $0.41 Estimate, Sales $1.92B Beat $1.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
Avangrid (NYSE:AGR) reported Q2 2024 GAAP EPS of $0.44, beating the estimate of $0.41. Sales were $1.92 billion, surpassing the $1.72 billion estimate and showing a 21.17% increase from the same period last year.
July 23, 2024 | 8:27 pm
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POSITIVE IMPACT
Avangrid's Q2 2024 earnings and sales both beat analyst estimates, with EPS at $0.44 and sales at $1.92 billion. This strong performance is likely to positively impact the stock price in the short term.
Avangrid's better-than-expected earnings and sales figures indicate strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100