Eversource (ES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Eversource Energy is a leading regulated utility in New England, expected to see 5%-7% annual diluted EPS growth due to electrification and economic vibrancy. Eversource plans to invest $23.1 billion from 2024-2028 to modernize infrastructure and support these growth targets. ES is financially healthy and its healthy 4.3% dividend is projected to grow 6% annually.
ES' systematic capital investment plans and expansion of renewable operations should further improve its overall performance.
Eversource Energy is heavily investing in grid modernization to address aging infrastructure and support future energy needs, positioning itself for long-term resilience and growth in the utility sector. Despite recent revenue declines, Eversource's operating income and EBITDA have shown promising growth, indicating stable performance amid a tough macro climate. The company's proactive approach includes substantial investments in new substations, electric distribution, and customer service modernization programs.
Eversource's (ES) long-term capital investment plans and expansion of renewable and water operations should further improve its overall performance.
Eversource Energy's (ES) second-quarter earnings and revenues decline year over year. Total operating expenses also decrease during the same period.
Eversource Energy (ES) came out with quarterly earnings of $0.95 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1 per share a year ago.
Eversource Energy's (ES) second-quarter results are expected to benefit from warmer weather conditions in its service areas and investments. However, higher interest expenses might have had a negative impact.
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.
Eversource is a public utility company primarily engaged in energy delivery through subsidiaries in New England. The company is making strides in green technology with offshore wind projects and geothermal pilot projects. Eversource's financial outlook is positive, with proceeds from project sales improving free cash flow and reducing debt, leading to steady growth.
Eversource's (ES) systematic investment plans, expansion of renewable operations and water business should further improve its performance.
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