Published on 23 May 2024 on Benzinga
Why UK's National Grid Shares Are Diving Today - National Grid (NYSE:NGG)
National Grid plc NGG shares are trading lower after the company reported an equity raise of £7 billion and a year-over-year decrease in full-year revenue results.
In its 2023/24 full-year, adjusted EPS increased 32% year over year to £0.84, and gross revenue declined 8% year over year to £19.850 billion.