AVANGRID Reports Second Quarter 2019 Earnings Results
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Avangrid (AGR) Misses Q2 EPS by 6c, Revenues Beat; Lowers FY19 EPS Mid-Point Guidance
July 23, 2019 4:19 PM EDTAvangrid (NYSE: AGR) reported Q2 EPS of $0.33, $0.06 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.39 billion.
Secured a new power purchase agreement (PPA) La Joya ll, 140 mega-watt (MW) wind farmPurchased Patriot Wind 226 MW wind farm at commercial operation date (COD)Launched Forward 2020+ Mid Period Assessment to deliver operational efficiencies and long-term sustainable growthFiled NY rate cases in May; includes... More