Eversource Energy (ES) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.95 per share a year ago.
ES' fourth-quarter 2024 results are expected to benefit from the closed sale of the South Fork and Revolution Wind projects and increased investments.
Eversource (ES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ES continues to increase shareholder value as its board of directors raises dividends by 5.2%.
ES announces sale of Aquarion Water Company. This should help the company to focus on its core electric and natural gas operations.
Eversource Energy said on Monday it has agreed to sell its public water supply unit in a deal valued at $2.4 billion, as the utility firm aims to pare debt and focus on the core electric and natural gas businesses.
Eversource Energy, an American utility holding company, is now a $24 billion (by market cap) major utility player. ES has increased its dividend for 26 consecutive years, with a 10-year dividend growth rate of 6.3%. Eversource Energy moved its revenue from $7.7 billion in FY 2014 to $11.9 billion in FY 2023, a compound annual growth rate of 5%.
Eversource Energy (NYSE:ES ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Rima Hyder - Vice President of Investor Relations Joe Nolan - Chairman, President, and Chief Executive Officer John Moreira - Executive Vice President, Chief Financial Officer, and Treasurer Conference Call Participants Shahriar Pourreza - Guggenheim Partners Carly Davenport - Goldman Sachs Nicholas Campanella - Barclays Capital Durgesh Chopra - Evercore ISI Bill Appicelli - UBS Securities Jeremy Tonet - J.P. Morgan Ross Fowler - Bank of America Steve Fleishman - Wolfe Research Travis Miller - Morningstar Julien Dumoulin-Smith - Jefferies Andrew Weisel - Scotiabank Angie Storozynski - Seaport Paul Patterson - Glenrock Associates Operator Good morning, and thank you for attending the Eversource Energy Q3 2024 Earnings Call.
ES' third-quarter earnings and revenues increase year over year. Total operating expenses also increase during the same period.
The headline numbers for Eversource (ES) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Eversource Energy (ES) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.97 per share a year ago.
ES' third-quarter 2024 results are expected to benefit from the closed sale of the Sunrise Wind project and higher electric distribution earnings.