Eversource Q2 2020 Earnings Report
Key Takeaways
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 earnings of $252.2 million, or $0.75 per share, in Q2 2020.
The company's transmission segment earned $129.5 million in Q2 2020.
The electric distribution segment earned $115 million in Q2 2020.
Eversource reaffirmed its 2020 EPS projection of $3.60 to $3.70 per share.
Eversource
Eversource
Eversource Revenue by Segment
Forward Guidance
Eversource Energy 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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income