StocksMediumUpdated•Originally published 5 October 2026•Updated 5 October 2026•
1 min read
National Grid Raises Fiscal 2027 Profit Outlook on Strong Grid Performance
Key Facts
1Britain's National Grid expects fiscal 2027 earnings per share to be above expectations.
2The upgraded outlook is bolstered by the company's investment portfolio and the strength of its power grid business.
National Grid raised its profit guidance for fiscal year 2027, stating that it expects earnings growth to exceed targets supported by £130 million in one-off gains. Reuters reported that the upgraded outlook follows strong performance in core power grid operations and investment returns during the first half of the year.
The improved guidance is driven by the strength of the company's investment portfolio and robust operational results within its utility networks, alongside the newly disclosed non-recurring gains. NGGTF closed at $14.7 on October 2, 2026, having reached a session high of $15.6 on that date.