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Eversource Energy (ES)
NYSE:ES
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.51Last Year’s EPS
1.49Same Quarter Last Year
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -3.94%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects strong financial performance with significant growth in earnings, successful asset sales, and increased dividends. However, challenges include regulatory uncertainties, equity dilution, and a negative outlook from Moody's. The positives in terms of growth and strategic initiatives are balanced by these challenges.Company Guidance
In the Eversource Energy Q4 and Year End 2024 earnings call, the company provided guidance that highlighted several key metrics and achievements. Earnings per share for 2024 saw a year-over-year increase of 5.3%, surpassing the midpoint of the revised guidance, and the company increased its first-quarter 2025 dividend by 5.2% on an annualized basis. Eversource also outlined a new five-year capital investment plan, projecting an increase of nearly 10% over the previous plan, with a focus on transmission investments aimed at addressing aging infrastructure and increasing load demand. The plan includes nearly $24.2 billion in regulated electric and natural gas investments from 2025 to 2029, expected to drive an 8% growth in rate base over the period. For 2025, Eversource provided earnings per share guidance in the range of $4.67 to $4.82 and projected a five-year long-term earnings growth rate of 5% to 7%, supported by strategic investments and improvements in operational efficiency.Strong Earnings Growth
Earnings per share increased by 5.3% year-over-year, exceeding the midpoint of the revised guidance. Non-GAAP earnings were $4.57 per share in 2024 compared to $4.34 per share in 2023.
Successful Sale of Aquarion
Signed an agreement to sell Aquarion, a valuable asset, for approximately $2.4 billion. This includes $1.6 billion in cash and $800 million of net debt to be extinguished at closing.
Increased Dividend
Increased the first quarter 2025 dividend by 5.2% on an annualized basis.
Recognition for Corporate Responsibility
Eversource was recognized by Newsweek as one of America's most responsible companies for the sixth consecutive year and named to Time's annual list of the world's best companies.
Major Infrastructure Investments
Planned $24.2 billion in regulated electric and natural gas business investments from 2025 through 2029, with a 10% increase from the previous five-year plan.
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ES 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
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ES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $60.73 | $59.01 | -2.83% |
| Nov 04, 2024 | $61.88 | $60.58 | -2.10% |
| Jul 31, 2024 | $62.68 | $63.80 | +1.79% |
| May 01, 2024 | $58.80 | $57.97 | -1.41% |
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.
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FAQ
When does Eversource Energy (ES) report earnings?
Eversource Energy (ES) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Eversource Energy (ES) earnings time?
Eversource Energy (ES) earnings time is at Apr 30, 2025, TBA Not 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 ES EPS forecast?
ES EPS forecast for the fiscal quarter 2025 (Q1) is 1.51.
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