Eversource Energy reports results for the quarter ended December 31 - Earnings Summary

Eversource Energy

13/02/2025 09:40

* Eversource Energy  ES.N  reported quarterly adjusted
earnings of
$1.01​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.36.  The mean expectation of sixteen analysts for the quarter
was for earnings of 99 cents per share. Wall Street expected
results to range from 96 cents to $1.01 per share.
    * Revenue rose 10.3% to $2.97 billion from a year ago;
analysts
expected $3.14 billion. 
    * Eversource Energy's reported EPS for the quarter was 20
cents​.
    * The company reported quarterly net income of $72.52
million.
    * Eversource Energy shares had risen by 4.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the electric
utilities
peer group is also "buy"

Wall Street's median 12-month price target for Eversource Energy
is $71.00 
This summary was machine generated from LSEG data February 13 at
09:39 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.99           1.01           Beat
 Sep. 30 2024      1.08           1.13           Beat
 Jun. 30 2024      0.96           0.95           Missed
 Mar. 31 2024      1.46           1.49           Beat