Eversource Energy Expects FY23 Adj EPS of $4.30-$4.43 (Prior $4.25-$4.43) Vs $4.34 Est and Reiterated its Long-Term EPS Growth Rate from its Core Regulated Businesses Solidly in the Upper Half of 5%-7% YoY
Portfolio Pulse from Benzinga Newsdesk
Eversource Energy has updated its FY23 adjusted EPS projection to between $4.30 to $4.43 per share, compared with a previous range of $4.25 to $4.43 per share. The company also reiterated its long-term EPS growth rate from its core regulated businesses solidly in the upper half of 5-7 percent.
November 06, 2023 | 11:10 am
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Eversource Energy's updated FY23 EPS projection and reiterated long-term EPS growth rate could potentially impact its stock price.
Eversource Energy's updated FY23 EPS projection is a positive signal to investors, indicating that the company is expecting higher earnings. This, along with the reiterated long-term EPS growth rate, could potentially lead to an increase in the company's stock price.
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