National Grid stock: FY27 EPS growth expected slightly above 13% to 15% guidance
Published on 10/06/2026 at 18:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
National Grid plc said on October 5, 2026, that it expects fiscal 2027 earnings-per-share growth to be slightly above its previous guidance range of 13% to 15%. The update covered the six months ended September 30, 2026, and was issued ahead of the company’s half-year results. RNS
Ventures performance supports outlook
National Grid said its regulated businesses continue to perform in line with expectations. National Grid Ventures & Other is expected to deliver about GBP 130 million of additional first-half performance relative to expectations, reflecting one-off fair-value gains from two capital-market transactions in the NG Partners investment portfolio and stronger interconnector performance. The company announcement said underlying earnings per share are expected to be weighted toward the second half of the year.
Half-year results due in November
National Grid expects operating profit in its UK electricity transmission and distribution businesses to be broadly evenly split across the year, while operating profit in its U.S. regulated businesses is expected to be weighted toward the second half. Closing half-year net debt is expected to be broadly in line with full-year guidance. National Grid said it will announce its half-year results on November 5, 2026. The RNS announcement identified the results date.
