Eversource Energy (NYSE: ES) reported Q4 EPS of $0.79, $0.06 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.11 billion.

“Tropical Storm Isaias was by far the worst storm to damage our system in 2020, but it was far from the only one,” said Jim Judge, Eversource chairman, president and chief executive officer. “We had more storm activity in 2020 than in any year in our history, right up through Christmas Day when thousands of Eversource employees responded to extremely high and damaging winds that caused extensive damage across our service territory. It was the most recent of dozens of instances in 2020 where Eversource employees worked tirelessly and safely through the pandemic to maintain and restore vital services to our 4.3 million customers.”

GUIDANCE:

Eversource Energy sees FY2021 EPS of $3.81-$3.93, versus the consensus of $3.90.

2021 and Long-Term Earnings Per Share (EPS) Guidance

• Also today, Eversource Energy projected 2021 non-GAAP earnings of between $3.81 per share and $3.93 per share, excluding incremental Columbia Gas asset transition costs. Eversource also projects that its long-term EPS growth through 2025 from its core regulated utility segments will be in the upper half of its previously announced range of 5-7 percent, using 2020 non-GAAP earnings of $3.64 per share as the base.

For earnings history and earnings-related data on Eversource Energy (ES) click here.