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Eversource Energy (ES) to Report Q1 Earnings: What to Expect


Eversource Energy (ES) to Report Q1 Earnings: What to Expect
Zacks.com
10 hrs ago
Eversource Energy ES is slated to release first-quarter 2021 financial results on May 10. The utility came up with break-even earnings in the last reported quarter.
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Factors to Consider
Eversource Energy’s first-quarter earnings are likely to have benefited from the inclusion of Eversource Gas Company of Massachusetts in the natural gas segment.
Quarterly earnings must have got a boost from the new rates that became effective during fourth-quarter 2020 and first-quarter 2021. Cost-management initiatives undertaken by the company are likely to have boosted margins during the to-be reported quarter. ....

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Eversource Energy (ES) Q4 2020 Earnings Call Transcript


Operator
Good morning and welcome to the Eversource Energy Fourth Quarter and Year-End 2020 Results Conference. My name is Brandon and I ll be your operator for today. [Operator Instructions].
And I will now turn it over to Jeffrey Kotkin. You may begin, sir.
Jeffrey R. Kotkin
Vice President-Investor Relations
Thank you, Brandon. Good morning and thank you for joining us. I m Jeff Kotkin, Eversource Energy s Vice President for Investor Relations. During this call, we ll be referencing slides that we posted last night on our website, And as you can see on slide one, some of the statements made during this investor call may be forward-looking as defined within the meaning of the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management s current expectations and are subject to risk and uncertainty which may cause the actual results to differ materially from forecasts and projec ....

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Eversource Energy Reports Full Year 2020 Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
Eversource Energy Reports Full Year 2020 Results
February 16, 2021 GMT
HARTFORD, Conn. & BOSTON (BUSINESS WIRE) Feb 16, 2021
Eversource Energy (NYSE: ES) today reported full-year 2020 earnings of $1.205 billion, or $3.55 per share, compared with 2019 earnings of $909.1 million, or $2.81 per share. Results for 2020 include after-tax costs of $32.1 million, or $0.09 per share, related to the acquisition of the assets of Columbia Gas of Massachusetts. Results for 2019 include a charge of $204.4 million, or $0.64 per share, related to the Northern Pass Transmission (NPT) project.
In the fourth quarter of 2020, Eversource Energy earned $271.9 million, or $0.79 per share, compared with earnings of $250 million, or $0.76 per share, in the fourth quarter of 2019. Results for the fourth quarter of 2020 include after-tax costs of $19.3 million, or $0.06 per share, related to th ....

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