Eversource Earnings Reports

Eversource Energy reported Q4 2024 earnings of $72.5 million ($0.20 per share), recovering from a Q4 2023 loss of $1,288.5 million (-$3.68 per share). Non-GAAP earnings totaled $370.8 million ($1.01 per share), up from $333.5 million ($0.95 per share) in Q4 2023. Revenue increased to $2.97 billion from $2.69 billion a year earlier.

Eversource Energy reported a net loss of $(118.1) million, or $(0.33) per share, for Q3 2024, compared to earnings of $339.7 million, or $0.97 per share, for Q3 2023. However, non-GAAP recurring earnings increased to $405.9 million, or $1.13 per share. The company is updating its 2024 non-GAAP recurring earnings projection to a range of $4.52 per share and $4.60 per share.

Eversource Energy reported GAAP earnings of $335.3 million, or $0.95 per share, for the second quarter of 2024, compared with earnings of $15.4 million, or $0.04 per share, for the second quarter of 2023. The company reaffirms its 2024 non-GAAP earnings projection of between $4.50 per share and $4.67 per share.

Eversource Energy reported first quarter 2024 earnings of $521.8 million, or $1.49 per share, compared to $491.2 million, or $1.41 per share, for the first quarter of 2023. The company reaffirms its 2024 non-GAAP earnings projection of between $4.50 per share and $4.67 per share.

Eversource Energy reported a Q4 2023 loss of $(1,288.5) million, or $(3.68) per share, compared to earnings of $320.2 million, or $0.92 per share in Q4 2022. Excluding impairment charges and other non-recurring items, non-GAAP earnings were $333.5 million, or $0.95 per share, compared to $322.3 million, or $0.92 per share in Q4 2022.

Eversource Energy released its unaudited results of operations for the third quarter ended September 30, 2023.

Eversource Energy reported earnings of $15.4 million, or $0.04 per share, for the second quarter of 2023, significantly lower than the $291.9 million, or $0.84 per share, reported in the second quarter of 2022. The results include an after-tax impairment charge of $331.0 million related to its offshore wind investment. Excluding this charge and other transaction costs, the company earned $352.6 million, or $1.00 per share.

Eversource Energy reported first quarter earnings of $1.41 per share, compared to $1.28 per share in the first quarter of 2022. The results reflect the impact of rate design changes in Massachusetts and a mild winter that lowered energy consumption and prices.

Eversource Energy reported Q4 2022 earnings of $320.2 million, or $0.92 per share, compared to $306.7 million, or $0.89 per share in Q4 2021. Excluding certain charges, non-GAAP earnings were $322.3 million, or $0.92 per share, compared to $313.3 million, or $0.91 per share in Q4 2021.

Eversource Energy reported Q3 2022 earnings of $349.4 million, or $1.00 per share, compared to $283.2 million, or $0.82 per share, in Q3 2021. Excluding certain charges, non-GAAP earnings were $351.6 million, or $1.01 per share, in Q3 2022, compared to $350.7 million, or $1.02 per share, in Q3 2021.

Eversource Energy released its earnings report for the second quarter of 2022, providing an overview of the company's financial performance and related information for its subsidiaries.

Eversource Energy reported first quarter 2022 earnings of $443.4 million, or $1.28 per share, compared with earnings of $366.1 million, or $1.06 per share, in the first quarter of 2021.

Eversource Energy reported Q4 2021 earnings of $306.7 million, or $0.89 per share, compared to $271.9 million, or $0.79 per share, for Q4 2020. Excluding acquisition and settlement charges, adjusted Q4 2021 earnings were $313.3 million, or $0.91 per share, compared to $291.2 million, or $0.85 per share, for Q4 2020.

Eversource Energy reported Q3 2021 earnings of $283.2 million, or $0.82 per share, compared to $346.3 million, or $1.01 per share, in Q3 2020. Excluding acquisition and settlement charges, earnings were $350.7 million, or $1.02 per share. The company reaffirmed its 2021 EPS projection of $3.81 to $3.93 per share and its long-term EPS growth rate from its existing regulated businesses in the upper half of 5-7 percent.

Eversource Energy reported earnings of $264.5 million, or $0.77 per share, in the second quarter of 2021, compared with earnings of $252.2 million, or $0.75 per share, in the second quarter of 2020. Excluding certain charges, Eversource earned $271.3 million, or $0.79 per share.

Eversource Energy reported first quarter earnings of $366.1 million, or $1.06 per share, compared to $334.8 million, or $1.01 per share, in the first quarter of 2020. The results include costs related to the acquisition of Columbia Gas of Massachusetts and a charge related to customer credits and assessment for power restoration performance following Tropical Storm Isaias.

Eversource Energy reported full-year 2020 earnings of $1.205 billion, or $3.55 per share, and fourth quarter 2020 earnings of $271.9 million, or $0.79 per share.

Eversource Energy reported earnings of $346.3 million, or $1.01 per share, in the third quarter of 2020, compared with earnings of $318.9 million, or $0.98 per share, in the third quarter of 2019.

Eversource Energy reported earnings of $252.2 million, or $0.75 per share, in the second quarter of 2020, compared with earnings of $31.5 million, or $0.10 per share, in the second quarter of 2019. The company reaffirmed its 2020 earnings per share (EPS) projection of $3.60 to $3.70 per share and its long-term EPS growth rate from its existing core regulated businesses of 5-7 percent.

Eversource Energy reported Q1 2020 earnings of $334.8 million, or $1.01 per share, compared to $308.7 million, or $0.97 per share, in Q1 2019. Excluding an after-tax charge, earnings were $338.3 million, or $1.02 per share.

Eversource Energy reported Q4 2019 earnings of $250 million, or $0.76 per share, compared to $231.3 million, or $0.73 per share, in Q4 2018. Full-year 2019 earnings were $909.1 million, or $2.81 per share.