Finance
Britain's National Grid forecasts higher 2027 earnings growth
Published by Global Banking & Finance Review®
Posted on March 2, 2026
1 min readLast updated: March 2, 2026
Quick Summary
Britain’s National Grid now expects adjusted EPS to grow 13%–15% in 2027, helped by higher allowed revenues as it enters the RIIO‑T3 regulatory period. The shift reflects regulatory approval for increased investment returns and supports its five‑year £60bn infrastructure plan.
National Grid Sees 13%-15% EPS Growth for 2027 on Increased Revenue
National Grid's Earnings Outlook and Regulatory Developments
Updated Earnings Per Share Guidance
March 2 (Reuters) - Britain's National Grid said on Monday it now expects adjusted earnings per share to grow 13%-15% for 2027, citing higher allowed revenue, as it moves into a new regulatory period.
Factors Driving EPS Growth
Impact of Higher Allowed Revenue
Reporting and Editorial Information
(Reporting by Ankita Bora in Bengaluru; Editing by Sumana Nandy)
Key Takeaways
- •National Grid anticipates 13%–15% adjusted EPS growth in 2027, driven by enhanced allowed revenue under the new RIIO‑T3 framework. (morningstar.co.uk)
- •The company is executing a £60 billion five‑year investment program (2024/25–2028/29) in UK and US energy networks, targeting 6%–8% underlying EPS CAGR and ~10% asset growth. (lse.co.uk)
- •Regulatory developments—such as strengthened UK allowed returns under RIIO‑T3 and US rate case approvals—are enhancing earnings visibility and underpinning margin expansion. (morningstar.co.uk)
References
Frequently Asked Questions about Britain's National Grid forecasts higher 2027 earnings growth
1What earnings growth does National Grid expect for 2027?
National Grid forecasts adjusted earnings per share to grow by 13%-15% in 2027.
2What is driving National Grid's projected earnings increase?
The earnings growth is driven by higher allowed revenue as National Grid enters a new regulatory period.
3Who reported and edited the news about National Grid's earnings outlook?
Ankita Bora reported the news and Sumana Nandy edited it.
