Eversource Energy (ES) Misses Q2 EPS by 1c, Offers Guidance

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Eversource Energy Reports Second Quarter 2016 Results

July 28, 2016 4:16 PM EDT

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)-- Eversource Energy (NYSE: ES) today reported earnings of $203.6 million, or $0.64 per share, in the second quarter of 2016, compared with earnings of $207.5 million, or $0.65 per share, in the second quarter of 2015. In the first half of 2016, Eversource Energy earned $447.8 million, or $1.41 per share, compared with earnings of $460.8 million, or $1.45 per share, in the first half of 2015.

We have completed a very solid first half of 2016 that was consistent with both this years projected earnings of $2.90 to $3.05 per share and our 5 to 7 percent long-term EPS growth rate, said James J. Judge,... More