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Dec 31, 2024
Eversource Q4 2024 Earnings Report
Key Takeaways
Eversource Energy reported Q4 2024 earnings of $72.5 million ($0.20 per share), recovering from a Q4 2023 loss of $1,288.5 million (-$3.68 per share). Non-GAAP earnings totaled $370.8 million ($1.01 per share), up from $333.5 million ($0.95 per share) in Q4 2023. Revenue increased to $2.97 billion from $2.69 billion a year earlier.
Revenue by Segment
Forward Guidance
Eversource expects earnings per share in 2025 to be between $4.67 and $4.82, with a long-term EPS growth target of 5-7% through 2029. The company plans a $24.2 billion investment in infrastructure over the next five years.
Positive Outlook
- Projected EPS growth of 5-7% through 2029
- Planned $24.2 billion investment in infrastructure
- Strong performance in electric and natural gas distribution
- Improved operating efficiency and cost control
- Expected balance sheet strengthening through Aquarion divestiture
Challenges Ahead
- Pending sale of Aquarion may impact short-term results
- Higher interest expenses affecting earnings
- Regulatory risks associated with rate increases
- Challenges in offshore wind investment recovery
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
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