Avangrid (AGR) Tops Q4 EPS by 5c, Affirms FY EPS Guidance

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Go back to Avangrid (AGR) Tops Q4 EPS by 5c, Affirms FY EPS Guidance

AVANGRID Reports Fourth Quarter and Full Year 2020 Financial Results

February 23, 2021 4:15 PM EST

Affirming 2021 EPS & Adjusted EPS Outlook of $2.15-$2.35 Strong fourth quarter drives solid results for full year Completed New York rate case in November 2020 providing predictable regulated earnings; represents ~50% of Networks segment BOEM in final stages of reviewing Construction and Operations Plan for Vineyard Wind 1, U.S.s first large-scale offshore wind project; start of construction expected in second half of 2021 NECEC transmission project completed major permitting and started construction January 2021 Strategic merger with PNM Resources is on track and expected to close in second... More