Avangrid (NYSE:AGR) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Avangrid beat their estimated earnings by 17.24%, which surprised analysts.
Revenue was up $128,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $-0.06, which was followed by a 1.66% drop in the share price the next day.
Here’s a look at Avangrid’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.74 | 0.57 | 0.41 |
| EPS Actual | 0.35 | 1.14 | 0.62 | 0.32 |
| Revenue Estimate | 1.52B | 1.81B | 1.70B | 1.52B |
| Revenue Actual | 1.48B | 1.97B | 1.67B | 1.47B |
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