Eversource Energy's (ES) long-term capital investment plans to further enhance its infrastructure and expansion of renewable operations should drive its overall performance. The company has plans to expand its water business through acquisitions. Eversource's capital investments serve as a proxy for future organic growth. It is currently focused on upgrading its electric distribution and transmission infrastructure. The company expects capital investment of $23.1 billion during 2024-2028, out of which it pl ...

For the transition period from ____________ to ____________ Registrant; State of Incorporation; Address; Telephone Number; Commission File Number; and I.R.S. Employer Identification No. ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or EVERSOURCE ENERGY (a Massachusetts voluntary association) 300 Cadwell Drive, Springfield, Massachusetts 01104 Telephone: (800) 286-5000 Commission File Number: 001-05324 I.R.S. Employer I ...

Eversource Energy (NYSE:ES) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Matthew Fallon - Director of Investor Relations Joseph Nolan - Chairman, President & Chief Executive Officer John Moreira - Executive Vice President, Chief Financial Officer & Treasurer Jay Buth - Vice President and Controller Conference Call Participants Shahriar Pourreza - Guggenheim Partners Carly Davenport - Goldman Sachs Nicholas Campanella – Barclays Jeremy Tonet - JPMorgan Steve Fleishman - Wolfe ...

Eversource Energy (ES) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.76%. A quarter ago, it was expected that this New England power provider would post earnings of $0.97 per share when it actually produced earnings of $0.95, delivering a surprise of -2.06%.Over the last four quar ...

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): May 1, 2024 (May 1, 2024) | Commission | Registrant; State of Incorporation | I.R.S. Employer | | --- | --- | --- | | File Number | Address; and Telephone Number | Identification No. | | 1-5324 | EVERSOURCE ENERGY | 04-2147929 | | | (a Massachusetts voluntary association) | | | | 300 Cadwell Dr ...

Eversource Energy (ES) is scheduled to release first-quarter 2024 results on May 1, after market close. The company delivered a negative earnings surprise of 2.1% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderPer the 2022 NSTAR Electric rate review, the first base distribution revenue increase of the performance-based rate plan, totaling $105 million, was effective from Jan 1, 2024. This is likely to have had a fav ...

Eversource Energy's (ES) strategic investment in transmission and distribution networks, acquisitions, expansion of renewable operations, strong ROE and rising earnings estimates make it a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for ES’ 2024 earnings per share (EPS) has increased 0.2% in the past 60 days to $4.52.The Zacks Consensu ...

PM ImagesEversource Energy (NYSE:ES) may be offering investors a classic "reversion to the mean" opportunity. After 5+ years of attempting to be an early-stage renewable energy player, the utility has officially joined the list of companies who are learning from their aspirational clean energy efforts. Hertz's recent decision to sell 20,000 electric vehicles and replace them with gas-powered cars is an example of a company on that list. In Eversource's case, it is the offshore wind business that has tau ...

Eversource Energy’s (ES) long-term capital investment plans to further expand its infrastructure and renewable operations should boost its overall performance. The company has plans to expand its water business through acquisitions.However, this Zacks Rank #3 (Hold) company has to face risks related to stringent regulations and substandard performance from third parties.TailwindsEversource operates a capital-intensive business with relatively steady revenue streams. It is currently focused on upgrading its ...

It has been about a month since the last earnings report for Eversource Energy (ES) . Shares have added about 3.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Eversource due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Eversource Energy Q4 Earnings and Revenues ...