Eversource Energy expected to post earnings of $1.08 a share - Earnings Preview

Eversource Energy

02/11/2024 03:57

* Eversource Energy  ES.N   ES  is expected to show a rise
in
quarterly revenue when it reports  results on November 4 for the
period ending September 30 2024
    * The Springfield Massachusetts-based  company is expected
to
report a 9.8% increase in revenue to $3.065 billion from $2.79
billion a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Eversource Energy is for
earnings of $1.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eversource
Energy
is $73.06​, above​ its last closing price of $63.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.95        0.96       0.95      Missed  -0.7
 Mar. 31 2024  1.47        1.46       1.49      Beat    1.7
 Jan. 1 0001   0.97        0.97       1.36      Beat    40.3​
 Sep. 30 2023  0.97        0.98       0.97      Missed  -1.2
 ​​Jun.        0.91        0.91       1.00      Beat    10
 30 2023                                                
 Mar. 31 2023  1.34        1.34       1.41      Beat    4.8​
 Jan. 1 0001   0.93        0.94       0.92      Missed  -2.1
 Jan. 1 0001   1.02        1.03       1.01      Missed  -1.5
 This summary was machine generated November 2 at 03:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)