•
Mar 31, 2020

Eversource Q1 2020 Earnings Report

Eversource Energy reported first quarter earnings.

Key Takeaways

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.

First quarter earnings were $334.8 million, or $1.01 per share.

Excluding an after-tax charge, earnings were $338.3 million, or $1.02 per share.

The company reaffirmed its 2020 EPS guidance of $3.60 to $3.70.

The company reaffirmed its projected 5 to 7 percent long-term EPS growth rate.

Total Revenue
$2.37B
Previous year: $2.42B
-1.7%
EPS
$1.02
Previous year: $0.97
+5.2%
Gross Profit
$1.16B
Previous year: $1.11B
+4.5%
Cash and Equivalents
$134M
Previous year: $108M
+23.4%
Free Cash Flow
-$305M
Previous year: -$247M
+23.7%
Total Assets
$41.6B
Previous year: $38.9B
+7.0%

Eversource

Eversource

Eversource Revenue by Segment

Forward Guidance

Eversource Energy reaffirmed its 2020 earnings per share (EPS) guidance of $3.60 to $3.70 and its projected 5 to 7 percent long-term EPS growth rate.

Revenue & Expenses

Visualization of income flow from segment revenue to net income