Eversource(ES)
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ADDING and REPLACING Eversource Energy Reports Full-Year & Fourth Quarter 2025 Results
Businesswire· 2026-02-13 21:18
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Add after last table of release dated February 12, 2026: "CONSOLIDATED STATEMENTS OF INCOME/(LOSS)" table. The updated release reads: EVERSOURCE ENERGY REPORTS FULL-YEAR & FOURTH QUARTER 2025 RESULTS Eversource Energy (NYSE: ES) today reported full-year 2025 earnings of $1.69 billion, or $4.56 per share, compared with full-year 2024 earnings of $811.7 million, or $2.27 per share. Non-GAAP recurring earnings totaled $1.77 billion1, or $4.76 per shar. ...
Eversource Energy Q4 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2026-02-13 18:30
Key Takeaways ES reported Q4 adjusted EPS of $1.12, up 10.9% Y/Y, beating estimates.Eversource Energy's revenues rose 13.4% to $3.37B, while operating income jumped 104%. ES guides 2026 EPS of $4.80-$4.95 and expects 5-7% long-term growth through 2030.Eversource Energy (ES) reported fourth-quarter 2025 adjusted earnings of $1.12 per share, which topped the Zacks Consensus Estimate of $1.10 by 1.82%. The bottom line also increased 10.9% from $1.01 in the year-ago quarter.GAAP earnings per share in the fourth ...
Eversource Energy Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-13 16:22
For the fourth quarter, the company posted GAAP and non-GAAP EPS of $1.12 , compared with GAAP EPS of $0.20 and non-GAAP EPS of $1.01 in the fourth quarter of 2024.Executive Vice President and CFO John Moreira reported GAAP earnings of $4.56 per share for 2025, compared with $2.27 per share in 2024. Moreira said 2025 GAAP results included a net loss of $75 million , or $0.20 per share , tied to an increase in the company’s liability for expected future obligations to Global Infrastructure Partners related t ...
Eversource(ES) - 2025 Q4 - Earnings Call Transcript
2026-02-13 15:02
Financial Performance and Key Metrics - The company reported full-year non-GAAP earnings per share of $4.76, a 4.2% increase from $4.57 in 2024 [21] - GAAP earnings for 2025 were $4.56 per share, compared to $2.27 per share in 2024 [19] - The company paid dividends of $3.01 per share, representing a 5.2% increase [6] Business Segment Performance - Electric transmission earned $2.09 per share in 2025, up from $2.03 per share in 2024, driven by investments in service reliability and demand growth [22] - Electric distribution earnings increased to $1.80 per share in 2025 from $1.77 per share in 2024, primarily due to base distribution rate increases [22] - Natural gas distribution segment earnings rose to $0.97 per share in 2025 from $0.81 per share in 2024, supported by base distribution rate increases and infrastructure investments [23] Market Data and Key Metrics - The company achieved top decile performance for both MBI and SATI metrics, indicating improved reliability for customers [8] - The average electric customer experienced an outage only once in nearly two years [8] Company Strategy and Industry Competition - The company plans to invest approximately $26.5 billion in infrastructure over the next five years, an increase of $2.3 billion from the previous plan [25] - Key focus areas include grid modernization, resiliency projects, and compliance with state safety regulations [14] - The company aims to enhance customer experience and maintain high reliability while addressing aging infrastructure [13] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of partnerships with state policymakers to address affordability and reliability [5] - The company expects 2026 to be a transformational year, with a focus on completing offshore wind commitments and managing the potential sale of Aquarion [17] - Long-term earnings growth is projected to be in the range of 5%-7% by 2028, with expectations of achieving earnings growth towards the upper half of this range [38] Other Important Information - The company successfully deployed over $4 billion in capital investments in 2025, advancing grid modernization initiatives and customer energy efficiency programs [8] - The Cambridge Underground Substation, a $1.8 billion investment, is critical for strengthening the electric system in a rapidly growing area [11] - The company received regulatory approvals for rate adjustments and cost recovery mechanisms that align with infrastructure investment needs [29] Q&A Session Summary Question: Impact of Aquarion sale on financing needs - Management indicated that if the Aquarion sale is approved, it could reduce the need for alternative financing solutions, potentially enhancing growth rates [46][60] Question: Status of Revolution Wind project liabilities - Management clarified that the cutoff for liabilities is the Commercial Operation Date (COD), not the first power [60] Question: Sources and uses of cash regarding minority interest sales - Management stated that they are exploring various alternatives for financing, including minority interest sales, but details are still premature [72] Question: Drivers for earnings in 2027 - Key drivers include the Aquarion transaction, storm cost recovery, and the CL&P rate case, all expected to solidify in 2026 [90]
Eversource(ES) - 2025 Q4 - Earnings Call Transcript
2026-02-13 15:02
Eversource Energy (NYSE:ES) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Company ParticipantsBill Appicelli - Executive Director and Head of North America Power and Utilities ResearchJoe Nolan - Chairman, President, and CEOJohn Moreira - EVP, CFO, and TreasurerRima Hyder - VP of Investor RelationsShar Pourreza - Managing Director and Head of North American Power, Infrastructure, and UtilitiesConference Call ParticipantsCarly Davenport - VP and Equity Research AnalystPaul Patterson - Senior Utility An ...
Eversource(ES) - 2025 Q4 - Earnings Call Transcript
2026-02-13 15:00
Eversource Energy (NYSE:ES) Q4 2025 Earnings call February 13, 2026 09:00 AM ET Speaker4Good day, and thank you for standing by. Welcome to the Eversource Energy Fourth Quarter and Full Year 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. T ...
Eversource(ES) - 2025 Q4 - Earnings Call Presentation
2026-02-13 14:00
YEAR END 2025 EARNINGS REPORT February 13, 2026 Safe Harbor Statement All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings discussion includes financial measures that are not recognized under generally accepted accounting principles (non-GAAP) referencing earnings and EPS excluding losses associated with our previous offshore wind investments, a loss on the pending sale of t ...
Eversource Energy (ES) Beats Q4 Earnings Estimates
ZACKS· 2026-02-12 23:26
Eversource Energy (ES) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.63%. A quarter ago, it was expected that this New England power provider would post earnings of $1.12 per share when it actually produced earnings of $1.19, delivering a surprise of +6.25%.Over the last four quar ...
Eversource posts rise in quarterly profit as gas earnings strengthen, one‑time charges fade
Reuters· 2026-02-12 22:21
Core Viewpoint - Eversource Energy reported a significant increase in fourth-quarter profit, driven by improved performance in its gas business and the absence of substantial one-time charges that impacted earnings in the previous year [1]. Financial Performance - Eversource's net income for the fourth quarter reached $421.3 million, or $1.12 per share, compared to $72.5 million, or 20 cents per share, in the same quarter last year [1]. - The natural gas segment earned $123.6 million, up from $103.4 million a year earlier [1]. Future Outlook - The company forecasts 2026 profit to be between $4.80 and $4.95 per share, with analysts estimating a full-year profit of $4.97 per share [1]. - Eversource expects its long-term earnings per share growth rate to remain in the range of 5% to 7% through 2030 [1]. Capital Investment - Eversource raised its five-year capital investment plan to $26.5 billion, an increase from the previous $24.2 billion, primarily due to higher spending on electric and natural gas distribution infrastructure [1]. - The company anticipates raising between $800 million and $1.1 billion in equity from 2026 to 2030, excluding routine issuances related to its dividend reinvestment and compensation programs [1].
Eversource(ES) - 2025 Q4 - Annual Results
2026-02-12 21:21
Eversource Energy Reports Full-Year & Fourth Quarter 2025 Results HARTFORD, Conn. and BOSTON, Mass. (February 12, 2026) – Eversource Energy (NYSE: ES) today reported full-year 2025 earnings of $1.69 billion, or $4.56 per share, compared with full-year 2024 earnings of $811.7 million, or $2.27 per share. Non-GAAP recurring earnings totaled $1.77 billion, or $4.76 per share, for the full-year 2025, compared with $1.63 billion, or $4.57 per share, for the full-year 2024. The Company's 2025 updated non-GAAP rec ...