Earnings Outlook For Eversource Energy
Portfolio Pulse from Benzinga Insights
Eversource Energy (NYSE:ES) is set to release its quarterly earnings report on November 3, 2023. Analysts estimate an EPS of $0.99. The company's past performance shows a trend of share price drops following earnings releases, even when beating estimates. The stock is currently trading at $53.09, down 29.74% over the last 52-week period.
November 02, 2023 | 6:01 pm
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Eversource Energy's upcoming earnings release could potentially impact its stock price. The company's history of share price drops following earnings releases, even when beating estimates, may influence investor sentiment.
Eversource Energy's stock price has historically dropped following earnings releases, even when the company beat estimates. This trend, combined with the overall negative returns over the past year, may lead to bearish sentiment among investors, potentially causing a further drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100