National Grid signals FY27 capex around $13.5B and 15%-16% EPS growth, backed by at least $70B plan to FY31
FROM THE WIRE · SEEKINGALPHA.COM
Earnings Call Insights: National Grid (NGG) Q2 FY2027 MANAGEMENT VIEW * “Capital investment increased by 1/3 in the first half with important project milestones completed. As a result, we've upgraded our capital investment guidance for the year… we're also slightly upgrading our…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRaised capex and EPS guidance is positive for the UK utility.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Capital investment increased by one third in the first half.
- 02Underlying EPS rose 22% to 36.5p.
- 03The company expects full-year investment of GBP 13.5 billion, with at least GBP 70 billion by FY31.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets