Eversource Energy (ES) Misses Q4 EPS by 3c

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Eversource Energy Reports Full Year 2018 Results

February 20, 2019 4:15 PM EST

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)-- Eversource Energy (NYSE: ES) today reported full-year 2018 earnings of $1.033 billion, or $3.25 per share, compared with earnings of $988 million, or $3.11 per share, in 2017. Full-year 2018 results include two items from the third quarter disclosed previously a charge of $26 million, or $0.08 per share, associated with Eversource Energys investment in a natural gas pipeline project, and non-recurring tax benefits of $18 million, or $0.06 per share.

In the fourth quarter of 2018, Eversource Energy earned $231.3 million, or $0.73 per share, compared with earnings of $237.4 million, or $0.75 per share, in the fourth quarter of 2017.

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