National Grid’s First-Half Underlying EBIT Rose 13%, Missing Consensus
National Grid reported a 13% rise in underlying EBIT for the first half year. Bernstein analysts described earnings as mediocre and said the market would likely focus on progress in capital delivery and asset growth.
National Grid's earnings were mediocre and the market will most likely focus on the evidence of strong continued progress in capital delivery and asset growth, Bernstein analysts write. The London-listed energy company reported a 13% rise in underlying EBIT for the first half year, although it miss…