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Jun 30, 2024
Eversource Q2 2024 Earnings Report
Eversource reported solid financial results driven by transmission segment and reaffirmed its 2024 non-GAAP earnings projection.
Key Takeaways
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 delivered solid financial results for the second quarter.
The company experienced top-tier service reliability and storm response for customers.
Eversource commissioned its first-in-the-nation networked geothermal pilot project.
The company is positioning itself well for the future of clean energy.
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.comParent and Other Revenue
CapyFin.com Forward Guidance
The company reaffirms its 2024 non-GAAP earnings projection of between $4.50 per share and $4.67 per share. It also reaffirms its long-term earnings per share growth rate within the range of 5 to 7 percent from a 2023 base of $4.34 per share
Revenue & Expenses
Visualization of income flow from segment revenue to net income