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Mar 31, 2021
Eversource Q1 2021 Earnings Report
Eversource Energy reported first quarter earnings with solid operational performance amidst pandemic challenges and increased storm activity.
Key Takeaways
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 Q1 2021 earnings of $366.1 million, or $1.06 per share.
Results include after-tax costs associated with the acquisition of Columbia Gas of Massachusetts and a charge for customer credits related to Tropical Storm Isaias.
The company reaffirmed its projected long-term EPS growth rate in the upper half of the range of 5 to 7 percent.
Eversource estimates it will earn toward the lower end of its previously announced 2021 recurring EPS guidance of $3.81 to $3.93 per share.
Eversource
Eversource
Eversource Revenue by Segment
Revenue by Segment
Electric Transmission Revenue
CapyFin.comElectric Distribution Revenue
CapyFin.comNatural Gas Distribution Revenue
CapyFin.comWater Distribution Revenue
CapyFin.com Forward Guidance
The company said that it now estimates it will earn toward the lower end of its previously announced 2021 recurring EPS guidance of $3.81 to $3.93 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income