Iberdrola 7/24/2024 Earnings Report

Iberdrola EPS Results

• Actual EPS: $0.89
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Iberdrola Revenue Results

• Actual Revenue: $10.72 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Iberdrola Announcement Details

• Date: 7/24/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Iberdrola (OTCMKTS:IBDRY), S.A. is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation. The company operates through a number of regional subsidiaries and affiliates, including ScottishPower in the United Kingdom and Avangrid in the United States, and serves markets across Europe and the Americas as well as other international markets through project development and partnerships.

Leadership at Iberdrola has emphasized the transition to low-carbon energy systems, grid digitization and large-scale renewables deployment as pillars of long-term growth. The company provides a mix of wholesale generation services and retail energy supply, alongside network construction and maintenance, energy storage and ancillary services that support system reliability. Iberdrola’s activities position it as a major utility participant in global decarbonization and grid modernization efforts, while it continues to develop projects and partnerships to expand its generation portfolio and network capabilities.