Eversource Q4 adjusted EPS meets estimates

Reuters
6 hours ago
Eversource Q4 adjusted EPS meets estimates

Overview

  • U.S. energy utility's Adjusted EPS for Q4 met analyst expectations

  • Company announced a $26.5 bln investment plan for 2026-2030

Outlook

  • Eversource projects 2026 earnings per share between $4.80 and $4.95

  • Company expects 5-7% EPS growth rate through 2030

  • Eversource plans $26.5 bln investment from 2026 to 2030

Result Drivers

  • TRANSMISSION SEGMENT - Earnings slightly lower due to absence of prior year's carrying charge benefit

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Adjusted EPS

Meet

$1.12

$1.12 (11 Analysts)

Q4 EPS

$1.12

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and 3 "sell" or "strong sell"

  • The average consensus recommendation for the electric utilities peer group is "buy."

  • Wall Street's median 12-month price target for Eversource Energy is $74.00, about 5.4% above its February 11 closing price of $70.22

  • The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw3rMvdJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10