Eversource Energy (ES) Tops Q1 EPS by 8c

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Go back to Eversource Energy (ES) Tops Q1 EPS by 8c

Eversource Energy Reports First Quarter 2022 Results; Initiates Strategic Review of Offshore Wind Investments

May 4, 2022 4:15 PM EDT

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)-- Eversource Energy (NYSE: ES) today reported first quarter 2022 earnings of $443.4 million, or $1.28 per share, compared with earnings of $366.1 million, or $1.06 per share, in the first quarter of 2021. Results for the first quarters of both 2022 and 2021 include after-tax costs associated with natural gas and water utility acquisitions. Those costs were $5.3 million, or $0.02 per share, in the first quarter of 2022, and $6.2 million, or $0.02 per share, in the first quarter of 2021.

Additionally, 2021 results reflected an after-tax charge of $24.1 million, or $0.07 per share, associated with customer credits related to an assessment by the... More