National Grid raises 2027 earnings growth forecast

The utility giant National Grid plc has announced an upward revision to its financial outlook for the 2027 fiscal year. Based in the United Kingdom, the company now anticipates its adjusted earnings per share to grow by 13% to 15% as it prepares for a transition into a new regulatory framework. The improved guidance is primarily attributed to higher levels of allowed revenue. National Grid noted that these adjustments coincide with the commencement of a new regulatory period, which provides a clearer path for its financial performance over the coming years.