Streetbeat News

Eversource Energy

https://www.eversource.com

Industry

Regulated Electric

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.

Open

63.55

Mkt cap

23B

Volume

2.3M

High

63.96

P/E Ratio

27.96

52-wk high

69.01

Low

63.10

Div yield

0.05

52-wk low

54.75

Eversource Energy is transitioning to a pure-play regulated utility by divesting non-core assets and investing in grid modernization. Despite improved Q4 results and attractive valuation, the company faces near-term risks such as regulatory challenges, potential credit rating pressure, and equity dilution.

Portfolio Pulse from

February 17, 2025 | 2:15 am

Eversource Energy held its Q4 2024 earnings call on February 12, 2025, discussing financial results and company performance. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

February 12, 2025 | 6:45 pm

Eversource Energy reported an increase in both earnings and revenues for the fourth quarter, surpassing estimates. However, total operating expenses also rose during the same period.

Portfolio Pulse from

February 12, 2025 | 1:45 pm

Eversource Energy (ES) reported Q4 earnings of $1.01 per share, surpassing the Zacks Consensus Estimate of $0.99 per share, and showing growth from $0.95 per share a year ago.

Portfolio Pulse from

February 12, 2025 | 12:00 am

Eversource Energy is set to release its Q4 2024 earnings, with expectations of positive impacts from the sale of the South Fork and Revolution Wind projects and increased investments.

Portfolio Pulse from

February 07, 2025 | 8:00 pm

Eversource Energy (ES) is expected to see earnings growth, but it may not have the right combination of factors to beat earnings expectations in its upcoming report.

Portfolio Pulse from

February 04, 2025 | 4:15 pm

Eversource Energy has announced a 5.2% increase in its dividend, reflecting its commitment to enhancing shareholder value.

Portfolio Pulse from

February 04, 2025 | 2:00 pm

Eversource Energy (ES) is selling Aquarion Water Company for $2.4 billion to focus on its core electric and natural gas operations.

Portfolio Pulse from

January 28, 2025 | 4:45 pm

Eversource Energy has announced the sale of Aquarion Water Company to the Aquarion Water Authority, a new quasi-public corporation in Connecticut. This move is part of Eversource's strategic decisions to focus on its core energy business.

Portfolio Pulse from

January 27, 2025 | 11:15 pm

Eversource Energy has announced a webcast for financial analysts to discuss its fourth quarter results on February 12, 2025.

Portfolio Pulse from

January 22, 2025 | 9:30 pm

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