Eversource Energy (ES) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 4, 2024, might help the stock move higher if these key numbers are bett ...

As an analyst, I have had the pleasure of covering hundreds of solid dividend-paying stocks over the years. Even after all this time, though, I'm still periodically “discovering” more of them.Sign Up For A FREE 2-Week Trial Join iREIT® on Alpha today... for more in-depth research on REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. You'll get more articles throughout the week, and access to our Ratings Tracker with buy/sell recommendations on all the stocks we cover. Plus unlimited ...

Eversource Energy's (ES) long-term capital investment plans to expand its transmission and distribution infrastructure boost its service reliability. The company is also set to benefit from its renewable operations. However, this Zacks Rank #3 (Hold) company faces risks related to substandard performance from third parties. Tailwinds for Eversource Eversource operates a capital-intensive business with relatively steady revenue streams. Its capital investments serve as a proxy for future organic growth. The ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 30, 2024 EVERSOURCE ENERGY (Exact name of registrant as specified in its charter) Massachusetts 001-05324 04-2147929 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 300 Cadwell Drive, Springfield, Massachusetts, 01104 (Addre ...

Eversource Energy (NYSE: ES ) is a producer and distributor of energy and natural gas. The company has set up a bold roadmap for the next five years, aiming to modernize its aging grid infrastructure to be better able to I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly in the tech se ...

Eversource Energy's (ES) systematic capital investment plans should further improve its infrastructure and help in the expansion of renewable operations. This should drive the company's overall performance. ES is also set to benefit from the expansion of its water business through acquisitions. However, this Zacks Rank #3 (Hold) company is exposed to stringent regulations and substandard performance from third parties that act as headwinds. Tailwinds Eversource operates a capital-intensive business with rel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Eversource Energy Large accelerated filer☒ Accelerated filer☐ Non-accelerated filer☐Smaller ...

Eversource Energy (NYSE:ES) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Matthew Fallon - Director, Investor Relations Joe Nolan - Chairman, President and Chief Executive Officer John Moreira - Executive Vice President, CFO and Treasurer Conference Call Participants Shah Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Nick Campanella - Barclays Steve Fleishman - Wolfe Research David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Paul Patterson - Glenrock ...

Eversource Energy (ES) reported second-quarter 2024 adjusted earnings of 95 cents per share, in line with the Zacks Consensus Estimate. However, the bottom line decreased 5% from the year-ago quarter's figure of $1.00. Total Revenues ES' revenues of $2.53 billion missed the Zacks Consensus Estimate of $2.88 billion by 12%. Total revenues also declined 3.8% from the year-ago quarter's figure of $2.63 billion. Highlights of the Release Total operating expenses were $1.93 billion, down 6.9% year over year. Thi ...

However, higher depreciation and property taxes from increased investment and higher interest expenses are anticipated to have negatively impacted the company's overall quarterly performance. The Zacks Consensus Estimate for revenues is pinned at $2.61 billion, implying a year-over-year decline of 0.8%. Our proven model does not conclusively predict an earnings beat for Eversource Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increa ...