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ES — Eversource Energy News Story

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Eversource Energy reports results for the quarter ended June 30 - Earnings Summary

Eversource Energy ES.N reported quarterly adjusted earnings of 96 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 95 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 90 cents to 99 cents per share.

Revenue rose 12% to $2.84 billion from a year ago; analysts expected $2.91 billion.

Eversource Energy's reported EPS for the quarter was 96 cents​.

The company reported quarterly net income of $352.73 million.

Eversource Energy shares had risen by 3.7% this quarter and gained 14.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 7 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is  "buy."

Wall Street's median 12-month price target for Eversource Energy is $72.00, about 8.2% above its last closing price of $66.10

This summary was machine generated from LSEG data July 31 at 09:52 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.950.96Beat
Mar. 31 20251.511.50Missed
Dec. 31 20240.991.01Beat
Sep. 30 20241.081.13Beat

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