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National Grid (Uk) (GB:NG)
:NG
Earnings Data
Report Date
Nov 06, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 5.20%
|Next Earnings Date:Nov 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with record capital investments and significant progress in major projects. However, challenges such as the impact of Storm Darragh, the impairment on the U.S. offshore wind project, and concerns about the RIIO-T3 financial framework were noted.Company Guidance
In the call, National Grid's CEO, John Pettigrew, provided guidance for their five-year financial framework and investment strategy. The company plans to invest £60 billion, targeting an asset growth of around 10% per annum and an underlying earnings per share increase of 6% to 8%. They aim to maintain a strong balance sheet while delivering an inflation-protected dividend. In the first year, National Grid achieved a record capital investment of £9.8 billion, 20% higher than the previous year, driving regulated asset growth of 10.5%. The underlying operating profit rose by 12% to £5.4 billion, with an underlying earnings per share of 73.3p, slightly above guidance. The company has secured supply chain and delivery mechanisms for more than two-thirds of their planned capital investment, advancing key projects in both the UK and the U.S.Record Capital Investment
National Grid delivered a record capital investment of £9.8 billion, reflecting a 20% increase from the previous year, with significant progress in major projects across the UK and the Northeast U.S.
Strong Financial Performance
Underlying operating profit increased by 12% to £5.4 billion, and underlying earnings per share rose by 2% to 73.3p, slightly ahead of guidance.
Regulated Asset Growth
The company reported regulated asset growth of 10.5%, driven by substantial capital investment.
Dividend Increase
The Board declared a final dividend of 30.88p per share, bringing the total annual dividend to 46.72p, an increase of 3.21%.
UK Electricity Transmission Success
Investment in UK Electricity Transmission increased by 57% to £3 billion, with significant projects like the UK's largest battery storage and offshore wind farm connections.
GB:NG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:NG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | 986.23p | 1015.85p | +3.00% |
Nov 07, 2024 | 939.47p | 938.32p | -0.12% |
May 23, 2024 | 947.25p | 844.33p | -10.87% |
Nov 09, 2023 | 799.46p | 809.03p | +1.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does National Grid (Uk) (GB:NG) report earnings?
National Grid (Uk) (GB:NG) is schdueled to report earning on Nov 06, 2025, TBA Not Confirmed.
What is National Grid (Uk) (GB:NG) earnings time?
National Grid (Uk) (GB:NG) earnings time is at Nov 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of National Grid (Uk) stock?
The P/E ratio of National Grid is N/A.
What is GB:NG EPS forecast?
GB:NG EPS forecast for the fiscal quarter 2026 (Q2) is 0.3.