Eversource Energy to Release Q1 Earnings: Here's What to Expect

Core Viewpoint - Eversource Energy (ES) is expected to report its first-quarter 2025 results on May 1, with a focus on its performance as a regulated utility and the impact of new rates and investments on earnings [1][2][4]. Group 1: Factors Impacting Q1 Performance - The company's earnings are anticipated to benefit from its strategy as a pure-play regulated utility aimed at facilitating clean energy transitions for customers [2]. - New electric and gas rates in the Massachusetts region, effective January 2025 and November 2024 respectively, are likely to contribute positively to quarterly earnings [2]. - Increased transmission investments are expected to enhance service reliability, while lower operation and maintenance expenses and capital recovery mechanisms may also positively influence earnings [3]. Group 2: Expected Financial Metrics - The Zacks Consensus Estimate for earnings per share is projected at $1.50, reflecting a year-over-year increase of 0.7$3.65 billion, indicating a year-over-year improvement of 9.6% [4]. Group 3: Earnings Prediction Model - The company's Earnings ESP is currently at 0.00%, suggesting that an earnings beat is not predicted for this reporting cycle [5]. - Eversource Energy holds a Zacks Rank of 3, indicating a neutral outlook [6]. Group 4: Industry Comparisons - Other companies in the industry, such as Dominion Energy, Evergy, and Alliant Energy, are expected to report earnings beats, with respective Earnings ESPs of +1.74%, +5.70%, and +3.57% [7][8][9].