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Dec 31, 2021

Eversource Q4 2021 Earnings Report

Eversource reported an increase in earnings for Q4 2021 compared to Q4 2020.

Key Takeaways

Eversource Energy reported Q4 2021 earnings of $306.7 million, or $0.89 per share, compared to $271.9 million, or $0.79 per share, for Q4 2020. Excluding acquisition and settlement charges, adjusted Q4 2021 earnings were $313.3 million, or $0.91 per share, compared to $291.2 million, or $0.85 per share, for Q4 2020.

Eversource Energy reported Q4 2021 earnings of $306.7 million, or $0.89 per share.

Excluding certain charges, adjusted Q4 2021 earnings were $313.3 million, or $0.91 per share.

Electric transmission earnings were $132.3 million in Q4 2021, compared to $120.7 million in Q4 2020.

Natural gas distribution earnings were $75.2 million in Q4 2021, compared to $62.3 million in Q4 2020.

Total Revenue
$2.48B
Previous year: $2.23B
+11.1%
EPS
$0.91
Previous year: $0.85
+7.1%
Gross Profit
$1.16B
Previous year: $1.08B
+7.4%
Cash and Equivalents
$66.8M
Previous year: $265M
-74.8%
Free Cash Flow
-$522M
Previous year: -$655M
-20.4%
Total Assets
$48.5B
Previous year: $46.1B
+5.2%

Eversource

Eversource

Eversource Revenue by Segment

Forward Guidance

Eversource Energy projected 2022 earnings of between $4.00 per share and $4.17 per share. The company also projected that its compound annual earnings per share growth from its regulated businesses would be in the upper half of a range of 5-7 percent through 2026, using the adjusted $3.86 per share it earned in 2021 as the base level.

Revenue & Expenses

Visualization of income flow from segment revenue to net income