ES Q1 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Eversource Energy delivered a mixed first quarter for 2025, clearing the bar on revenue while falling just short on the bottom line. The New England utility posted earnings of $1.50 per diluted share, a hair below the $1.51 consensus estimate, even a… Read more Eversource Energy delivered a mixed first quarter for 2025, clearing the bar on revenue while falling just short on the bottom line. The New England utility posted earnings of $1.50 per diluted share, a hair below the $1.51 consensus estimate, even as operating revenues surged 23.6% year over year to $4.12 billion, well ahead of the $3.77 billion analysts had expected. The revenue strength was driven primarily by base distribution rate increases across its Massachusetts and New Hampshire electric and gas businesses, with the Natural Gas Distribution segment standing out as the quarter's strongest contributor at $218.40 million in earnings, up from $190.60 million a year ago following Massachusetts gas rate increases that took effect in November 2024. Higher interest expenses, reflecting the absence of capitalized interest after the exit from offshore wind investments, weighed on net results. Management reaffirmed full-year 2025 EPS guidance of $4.67 to $4.82 and its 5% to 7% long-term growth target through 2029, backed by a $24.20 billion capital plan, as the company advances toward becoming a pure-play regulated utility following the pending Aquarion water business sale.