Eversource Q4 2022 Earnings Report
Key Takeaways
Eversource Energy reported Q4 2022 earnings of $320.2 million, or $0.92 per share, compared to $306.7 million, or $0.89 per share in Q4 2021. Excluding certain charges, non-GAAP earnings were $322.3 million, or $0.92 per share, compared to $313.3 million, or $0.91 per share in Q4 2021.
Eversource Energy reported Q4 2022 earnings of $320.2 million, or $0.92 per share.
Excluding certain charges, non-GAAP earnings were $322.3 million, or $0.92 per share.
Electric transmission earnings increased due to a higher level of investment.
Natural gas distribution earnings increased due to higher revenues and lower pension expense.
Eversource
Eversource
Eversource Revenue by Segment
Forward Guidance
Eversource Energy projects 2023 non-GAAP earnings of between $4.25 per share and $4.43 per share. The company also projects that its compound annual earnings per share growth rate from its regulated businesses would be solidly within the upper half of its previously disclosed range of 5-7 percent through 2027, using the adjusted $4.09 per share it earned in 2022 as the base year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income