Eversource(ES)

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Forget S&P 500 And Buy These Dividend Icons Instead
Seeking Alpha· 2025-03-26 15:00
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Retirement income is a trickier landscape now than what it used to be. That’s because one used to be able to get broad diversification through the S&P 500 ( ...
Eversource Energy: One Of The Last Undervalued Regulated Utilities
Seeking Alpha· 2025-03-25 18:17
"Fundamental Options" would be the title of my investing style, because I combine fundamental analysis with the power of options. I use Fundamental Analysis to quantitatively and qualitatively assess individual stocks and ETFs, and I pursue various strategies: Income oriented, especially BDCs, but also Utilities; Growth At A Reasonable Price, especially Tech, having a background in Software Development; Deep Value, based on Discounted Cash Flow and / or other industry specific valuation methods; Dividend Ar ...
Eversource Energy: Deep Discount Comes With Risks
Seeking Alpha· 2025-02-17 01:57
Over the past year or so, Eversource Energy (NYSE: ES ) has been streamlining its operations, shifting away from offshore wind and divesting its water business to strengthen its core electric and natural gas services. Like many of its industryJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely his own; t ...
Eversource(ES) - 2024 Q4 - Annual Report
2025-02-14 19:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Registrant; State of Incorporation; Address; Telephone Number; Commission File Number; and I.R.S. Employer Identification No. EVERSOURCE ENERGY (a Ma ...
Eversource(ES) - 2024 Q4 - Earnings Call Transcript
2025-02-12 18:29
Eversource Energy (NYSE:ES) Q4 2024 Results Conference Call February 12, 2025 9:00 AM ET Company Participants Rima Hyder - Vice President of Investor Relations Joe Nolan - Chairman, President & Chief Executive Officer John Moreira - Executive Vice President and Chief Financial Officer & Treasurer Jay Buth - Vice President & Controller Conference Call Participants Shar Pourreza - Guggenheim Carly Davenport - Goldman Sachs Steve Fleishman - Wolfe Bill Appicelli - UBS Durgesh Chopra - Evercore Ross Fowler - Ba ...
Eversource Energy Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-02-12 13:31
Eversource Energy (ES) reported fourth-quarter 2024 adjusted earnings of $1.01 per share, which surpassed the Zacks Consensus Estimate of 99 cents by 2%. The bottom line also increased 6.3% from the year-ago figure of 95 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total Revenues of ESRevenues of $2.97 billion beat the Zacks Consensus Estimate of $2.81 billion by 5.7%. Total revenues also increased 10.4% from the year-ago figure of $2.69 billion.Full-year 2024 revenues totale ...
Eversource Energy (ES) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-11 23:36
Eversource Energy (ES) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.02%. A quarter ago, it was expected that this New England power provider would post earnings of $1.04 per share when it actually produced earnings of $1.13, delivering a surprise of 8.65%.Over the last four quart ...
Eversource(ES) - 2024 Q4 - Annual Results
2025-02-11 21:31
Financial Performance - Eversource Energy reported full-year 2024 earnings of $811.7 million, or $2.27 per share, compared to a loss of $(442.2) million, or $(1.26) per share in 2023[2]. - Non-GAAP recurring earnings for full-year 2024 totaled $1,634.0 million, or $4.57 per share, an increase from $1,517.7 million, or $4.34 per share in 2023[2]. - Eversource Energy reported earnings per share (EPS) on a diluted basis, excluding losses from offshore wind investments and other non-recurring items[15]. Future Earnings Expectations - The company expects 2025 earnings to be between $4.67 per share and $4.82 per share, with a long-term growth rate of 5 to 7 percent through 2029[5]. Investment Plans - Eversource's five-year investment plan for 2025 to 2029 is $24.2 billion, a nearly 10 percent increase from the previous plan of $22.1 billion[5]. - Eversource expects to raise $1.2 billion of equity over the forecast period of 2025-2029, mainly in the latter half of the period[6]. Segment Performance - The electric transmission segment earned $724.6 million in 2024, up from $643.4 million in 2023, reflecting higher investment levels[7]. - The natural gas distribution segment earned $291.0 million in 2024, compared to $224.8 million in 2023, driven by base distribution rate increases[9]. - The water distribution segment earned $44.6 million in 2024, an increase from $33.1 million in 2023, primarily due to lower depreciation expenses[10]. Strategic Decisions - The company recorded an aggregate net after-tax loss of $524.0 million related to the sale of offshore wind investments in 2024[3]. - Eversource plans to divest Aquarion Water Company, expected to close by late 2025, to strengthen its balance sheet and focus on regulated utility businesses[4]. Non-GAAP Financial Measures - The company emphasizes the use of non-GAAP financial measures to provide a clearer picture of ongoing performance, excluding significant losses and transaction costs[15]. - Eversource Energy's management believes that the non-GAAP presentation offers a more meaningful representation of financial performance, aiding in the analysis of historical and future results[15]. Risk Factors - Forward-looking statements indicate potential risks including cyberattacks, changes in economic conditions, and disruptions in capital markets that could materially affect actual results[16]. - The company acknowledges uncertainties related to major strategic development projects and the impact of regulatory actions on operations[16]. - Eversource Energy's risk factors are detailed in reports filed with the SEC, which are regularly updated and available on their website[17]. - Management cautions against placing undue reliance on forward-looking statements, as they are subject to change and may not reflect future events[18].
Eversource Energy to Release Q4 Earnings: Here's What to Expect
ZACKS· 2025-02-07 19:46
Eversource Energy (ES) is scheduled to release fourth-quarter 2024 results on Feb. 11, after market close. The company delivered an earnings surprise of 8.7% in the last reported quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted ES' Q4 PerformanceThe bottom line is expected to have benefited from the completed sale of its 50% interest in the 132-megawatt ...
Eversource Energy Boosts Shareholder Value With 5.2% Dividend Hike
ZACKS· 2025-02-04 13:45
Eversource Energy (ES) announced that its board of directors has increased dividends by 5.2%. Following the board's approval, the share price rose 2.1% from Jan. 29, 2025. The new quarterly dividend will be 75.25 cents per share compared with the previous quarter’s 71.5 cents. The new dividend will be payable on March 31, 2025, to stockholders of record as of March 4, 2025.The increased dividend rate resulted in an annualized dividend of $3.01 per share compared with the previous level of $2.86. The current ...