Loading...
•
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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...