Eversource Energy Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw strong operational and financial performance, with EPS growth driven by gas and transmission segments. Regulatory headwinds from the FERC ROE decision led to revised guidance, but long-term growth targets and capital plans remain intact.
Fiscal Year 2025
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Delivered strong 2025 results with non-GAAP EPS of $4.76 and a 5.2% dividend increase, driven by infrastructure investments and regulatory progress. 2026 EPS guidance is $4.80–$4.95, with long-term growth targeted at 5%-7% and key regulatory decisions ahead.
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Strong Q3 results driven by regulatory progress, infrastructure investment, and robust load growth. Non-GAAP EPS rose year-over-year, with improved credit metrics and a narrowed 2025 EPS guidance. Capital plan execution and liquidity remain on track.
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Q2 2025 delivered solid earnings growth, with EPS of $0.96 and strong performance across all utility segments. The company reaffirmed its 2025 EPS guidance and five-year capital plan, while regulatory and storm cost recovery developments in Connecticut remain key watch points.
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First quarter results showed solid growth in Transmission and Distribution, with EPS up year-over-year and 2025 guidance reaffirmed. A $24.2 billion five-year capital plan is underway, with strong regulatory and customer-focused initiatives supporting long-term growth.
Fiscal Year 2024
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Delivered 5.3% non-GAAP EPS growth in 2024, exceeded guidance, and strengthened the balance sheet through asset sales and equity issuance. Announced a $24.2B five-year capital plan focused on transmission and distribution, with 2025 EPS guidance of $4.67–$4.82.
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Q3 recurring EPS rose to $1.13, with strong regulated segment growth offset by a $524M offshore wind divestiture loss. 2024 EPS guidance is $4.52–$4.60, and a $23.7B five-year capital plan is in place, with balance sheet improvements and major investments in clean energy and grid modernization.
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Q2 2024 recurring EPS was $0.95, with strong transmission earnings and reaffirmed 2024 EPS guidance. Major asset sales and robust capital investments are driving a focus on regulated utility growth, grid modernization, and improved financial metrics.