Eversource Energy (ES) Q3 2024 Earnings Call Highlights: Navigating Losses and Strategic Investments
Despite a significant net loss from divestitures, Eversource Energy (ES) focuses on infrastructure investments and clean energy leadership.
Eversource Energy reports Q3 loss, narrows annual profit forecast
Eversource Energy reported a third-quarter loss on Monday as the company incurred an expense related to its offshore wind business divesture and narrowed its 2024 profit forecast.
Eversource Energy Q3 Earnings and Revenues Beat Estimates
Eversource Energy ES reported third-quarter 2024 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 per share by 8.7%. The bottom line also increased 16.5% from the year-ago figure of 97 cents.
Eversource Energy Q3 Earnings Summary
Below are the earnings highlights for Eversource Energy (ES): Earnings: -$118.06 million in Q3 vs. $339.66 million in the same
Eversource: Q3 Earnings Snapshot
SPRINGFIELD, Mass. (AP) — SPRINGFIELD, Mass. (AP) — Eversource Energy (ES) on Monday reported a loss of $118.1 million in its third quarter. The Springfield, Massachusetts-based company said it had a loss of 33 cents per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share.
Eversource (ES) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2024, Eversource Energy (ES) reported revenue of $3.06 billion, up 9.7% over the same period last year. EPS came in at $1.13, compared to $0.97 in the year-ago quarter.
Hartford Business23h
Eversource reports $118.1M 3Q loss following offshore wind exit
Energy utility Eversource reported a third-quarter loss of more than $100 million on Monday, following the sale and ...
Yahoo Finance11h
Eversource Energy Third Quarter 2024 Earnings: EPS Misses Expectations
Revenue: US$3.06b (up 9.7% from 3Q 2023). Net loss: US$118.1m (down by 135% from US$339.7m profit in 3Q 2023). US$0.33 loss ...
bovnews20h
BofA Securities Just Upgraded Eversource Energy (ES) Stock—What Does This Mean for Investors?
On Monday, Eversource Energy (ES) stock saw a decline, ending the day at $63.4 which represents a decrease of $-0.27 or -0.42% from the prior close of $63.67. The stock opened at $63.43 and touched a ...
3 Top Dividend-Paying Utility Stocks to Buy in November
Black Hills is a Dividend King, NextEra is a dividend grower, and Eversource Energy has a historically high yield.
The Business Journals1d
Ørsted reveals new Revolution Wind problems; logs third project haircut
Revolution Wind, initially launched as a joint venture between Ørsted and the Massachusetts-based Eversource Energy, is ...
Business Insider2d
Eversource Energy Projects Growth Amid Quarterly Loss
Eversource Energy ( (ES)) has shared an update. Eversource Energy reported a third-quarter 2024 loss of $118.1 million, a stark contrast to the previous year’s earnings. Despite this setback, ...
First Trust Direct Indexing L.P. Acquires 1,345 Shares of Eversource Energy (NYSE:ES)
First Trust Direct Indexing L.P. raised its holdings in shares of Eversource Energy (NYSE:ES – Free Report) by 15.4% in the ...
Returns At Eversource Energy (NYSE:ES) Appear To Be Weighed Down
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business ...