Eversource Energy Earnings Call Transcripts
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 earnings met expectations with $0.96 per share, supported by strong utility segment growth and a 10% increase in the five-year capital plan. Regulatory progress, improved cash flows, and reaffirmed EPS guidance position the company for continued growth.
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First quarter results showed solid growth in Transmission and Distribution, reaffirmed 2025 EPS guidance, and highlighted a $24.2 billion five-year capital plan. Regulatory progress, strong cash flow improvements, and strategic asset divestitures support a robust financial outlook.
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 earnings were $0.95 per share, with strong transmission growth and reaffirmed EPS guidance. Major offshore wind asset sales are closing, supporting a $23.1B five-year capital plan and a targeted 14–15% FFO to debt ratio by 2025.