Eversource Energy ( (ES) ) has released its Q1 earnings. Here is a breakdown of the information Eversource Energy presented to its investors.
Eversource Energy is a leading utility company operating New England’s largest energy delivery system, serving approximately 4.6 million electric, natural gas, and water customers across Connecticut, Massachusetts, and New Hampshire.
Eversource Energy reported strong financial results for the first quarter of 2025, with earnings of $550.8 million, or $1.50 per share, slightly up from $521.8 million, or $1.49 per share, in the same period last year. The company also announced a dividend of $0.7525 per share, payable at the end of June.
Key financial highlights include increased earnings across its electric transmission, electric distribution, and natural gas distribution segments, driven by continued investments and rate increases. However, the water distribution segment saw a decline, and the parent and other companies reported a higher loss due to increased interest expenses.
Looking ahead, Eversource Energy remains optimistic about its future as a pure-play regulated utility company. The company reaffirmed its earnings projection for the year and its long-term growth rate, emphasizing its commitment to strategic investments, cost discipline, and innovative technology solutions to enhance customer service.