Eversource Energy (ES) Misses Q3 EPS by 2c

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Go back to Eversource Energy (ES) Misses Q3 EPS by 2c

Eversource Energy Reports Third Quarter Results

November 3, 2020 4:15 PM EST

HARTFORD, Conn. and BOSTON--(BUSINESS WIRE)-- Eversource Energy (NYSE: ES) today reported earnings of $346.3 million, or $1.01 per share, in the third quarter of 2020, compared with earnings of $318.9 million, or $0.98 per share, in the third quarter of 2019. In the first nine months of 2020, Eversource Energy earned $933.2 million, or $2.76 per share, compared with earnings of $659 million, or $2.05 per share, in the first nine months of 2019.

Results for the first nine months of 2019 included an after-tax impairment charge of $204.4 million, or $0.64 per share, related to Eversource Energys investment in the Northern Pass Transmission (NPT) project.... More