Eversource Energy (ES) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - The market anticipates Eversource Energy (ES) will report a year-over-year increase in earnings driven by higher revenues when it releases its quarterly results for March 2025, with actual results being crucial for stock price movement [1][2]. Company Summary - Eversource is expected to report quarterly earnings of $1.50 per share, reflecting a year-over-year increase of 0.7%, with revenues projected at $3.88 billion, a 16.5% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 1% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Eversource matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, and the stock currently holds a Zacks Rank of 4, complicating predictions for an earnings beat [10][11]. Earnings Surprise History - In the last reported quarter, Eversource was expected to post earnings of $0.99 per share but exceeded expectations with earnings of $1.01, resulting in a surprise of +2.02% [12]. - Over the past four quarters, Eversource has beaten consensus EPS estimates three times [13]. Industry Context - In the Zacks Utility - Electric Power industry, PSEG (PEG) is expected to report earnings of $1.44 per share for the same quarter, indicating a year-over-year change of +9.9%, with revenues projected at $2.85 billion, a 3.2% increase from the previous year [17]. - The consensus EPS estimate for PSEG has been revised down by 3.3% over the last 30 days, but it currently has an Earnings ESP of 3.99%, suggesting a likelihood of beating the consensus EPS estimate [18].