AVANGRID, Inc. revised consolidated earnings outlook for 2021. For the year, the company increasing its 2021 U.S. GAAP Net Income outlook to $700-$765 million. U.S. GAAP earnings per share are expected to be in the range of $1.95-$2.14 per share. Earnings per share used in the updated outlook reflect the May 2021 share issuance of approximately 78 million shares which increases AVANGRID's weighted average shares to 358 million for the full year 2021. The Company's previous earnings per share outlook assumed 309.5 million shares.