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Dec 31, 2020

Eversource Q4 2020 Earnings Report

Reported full year and fourth quarter 2020 results, with EPS of $0.79 for the quarter.

Key Takeaways

Eversource Energy reported full-year 2020 earnings of $1.205 billion, or $3.55 per share, and fourth quarter 2020 earnings of $271.9 million, or $0.79 per share.

Full-year 2020 earnings were $1.205 billion, or $3.55 per share.

Fourth quarter 2020 earnings were $271.9 million, or $0.79 per share.

2021 non-GAAP earnings are projected to be between $3.81 and $3.93 per share.

Long-term EPS growth through 2025 from core regulated utility segments is projected in the upper half of the previously announced range of 5-7 percent.

Total Revenue
$2.23B
Previous year: $2.05B
+9.0%
EPS
$0.85
Previous year: $0.76
+11.8%
Gross Profit
$1.08B
Previous year: $968M
+12.1%
Cash and Equivalents
$265M
Previous year: $15.4M
+1616.9%
Free Cash Flow
-$655M
Previous year: -$268M
+144.7%
Total Assets
$46.1B
Previous year: $41.1B
+12.1%

Eversource

Eversource

Eversource Revenue by Segment

Forward Guidance

Eversource Energy projects 2021 non-GAAP earnings of between $3.81 per share and $3.93 per share, excluding incremental Columbia Gas asset transition costs. Eversource also projects that its long-term EPS growth through 2025 from its core regulated utility segments will be in the upper half of its previously announced range of 5-7 percent, using 2020 non-GAAP earnings of $3.64 per share as the base.

Revenue & Expenses

Visualization of income flow from segment revenue to net income