AGR / Avangrid: Shares Fairly Valued After Earnings, Solid Dividend Yield

Avangrid, Inc. (NYSE:AGR ) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Alvaro Ortega - VP of Finance, IR & Trea more_horizontal

Avangrid's (AGR) third-quarter earnings and sales miss estimates. The company maintains its earnings expectation for 2023. more_horizontal

Avangrid (AGR) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings more_horizontal

AVANGRID (AGR) third-quarter 2023 results are expected to benefit from enhanced renewable energy and the implementation of a new electric rate. more_horizontal

PPL's subsidiary, Rhode Island Energy, issues the largest-ever request for proposals for renewable energy of 1200 MW of offshore wind to support the s more_horizontal

Avangrid (AGR) makes a strong case for investment, given its positive growth estimates, stable financial position and focus on a clean energy future. more_horizontal

Avangrid's (AGR) latest solar project boosts its commitment to developing renewable projects. It helps it be on track to being the third largest renew more_horizontal

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high f more_horizontal