Eversource Energy (DE:NWJ)
FRANKFURT:NWJ
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.75Last Year’s EPS
0.82Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong operational performance (notably rapid storm response), year-over-year EPS improvement excluding the FERC-related charge, solid financing execution and healthy credit metrics, and clear pathways for storm-cost recovery. Offsetting these positives are significant regulatory and legal headwinds from the FERC ROE decision (immediate charge, reduced base ROE to 9.57%, and a ~$70M estimated 2026 earnings impact), pending appeals on Aquarion, potential refund exposure, and some higher parent-level costs. Management is proactively pursuing legal and regulatory remedies and has financing and securitization plans that mitigate some near-term risks, but the FERC outcome and remaining transactional uncertainties materially temper the upbeat operational story.Company Guidance
Strong Operational Response to Major Blizzard
Responded to a severe February nor’easter (over 40 inches of snow, gusts >70 mph), restored power to more than 500,000 customers and handled over 2,000 fire, police and safety events, demonstrating resilience and benefits of recent grid investments; majority of surveyed customers appreciated rapid restorations.
Quarterly Earnings Improvement (Excluding FERC Charge)
GAAP EPS of $1.61 vs $1.50 in Q1 2025 (+7.3%). Excluding an after-tax FERC-related charge, non-GAAP EPS was $1.73 vs $1.50 in 2025 (+15.3%). Improvement driven primarily by gas segment (+$0.18 per share from rate base increases and Yankee Gas rate case), electric transmission (+$0.06 per share) and distribution rate increases and cost control.
Balance Sheet and Credit Strength
Issued $1.5 billion of junior subordinated notes in Feb 2026 (offering >5x oversubscribed; trading at/above par). FFO-to-debt metrics of 14.2%–14.5% (S&P/Moody’s) — each >100 basis points above downgrade thresholds. S&P reaffirmed ratings and stable outlook after the FERC ROE decision.
Capital Investment Plan and Q1 CapEx Progress
Five-year utility capital plan of $26.5 billion through 2030. CapEx of nearly $800 million through March 2026, representing ~15.7% of the 2026 forecast of $5.1 billion, indicating solid execution on the investment plan.
Storm Cost Recovery Pathway
Expect Connecticut and New Hampshire securitizations to recover approximately $2 billion in deferred storm costs and carrying charges within the next 12–18 months. New Hampshire securitization expected to address ~$400–$470 million (including carrying charges) with a potential completion target by late 2027.
Proactive Regulatory & Legal Actions
Filed a Section 205 with FERC using updated market data that yields a proposed base transmission ROE of 11.39% (and ROE cap of 12.89%), and pursued motions for stay, extension of refund deadlines, and rehearing to protect returns — positioned to potentially implement an updated rate toward the end of the year (subject to refund).
Constructive State Regulatory Developments
PURA approved Aquarion sale (pending appeals) and issued a RAM decision authorizing a $100 million storm reserve and use of forecast data to set certain rates, lowering rates for customers and stabilizing cash flows.
DE:NWJ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:NWJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | €58.50 | €57.50 | -1.71% |
Feb 12, 2026 | €58.87 | €61.34 | +4.20% |
Nov 04, 2025 | €62.62 | €62.62 | 0.00% |
Jul 31, 2025 | €55.11 | €55.59 | +0.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eversource Energy (DE:NWJ) report earnings?
Eversource Energy (DE:NWJ) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Eversource Energy (DE:NWJ) earnings time?
Eversource Energy (DE:NWJ) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Eversource Energy stock?
The P/E ratio of Eversource Energy is N/A.
What is DE:NWJ EPS forecast?
DE:NWJ EPS forecast for the fiscal quarter 2026 (Q2) is 0.75.