Eversource Energy is set to announce its latest quarterly earnings on Tuesday, May 5th, with a consensus estimate of $1.59 per share.
Today, Eversource Energy (ES) is trading at $68.97, reflecting a price increase of 24.5 cents (0.357%) from the previous close. The trading volume stands at $450,599, representing a 17.6% increase compared to the average.
The company's previous quarterly earnings report was released on Wednesday, February 11th, with an EPS consensus estimate of 1.1.
Eversource Energy offers a forward dividend yield of 4.57%, with a dividend per share of 78.75 cents in the most recent quarter.
Recently graded by Bank of America Securities on April 22nd, Eversource Energy maintained a "Buy" rating, with the stock price at $67.05.
The company reported operating cash flow of $916 million and a net change in cash of -$123.99 million in the last period.
Eversource Energy recorded a revenue of $3.37 billion, with a net income of $421.31 million and an EPS of $1.12.
Key financial ratios show a net profit margin of 12.5%, return on equity of 2.6%, and a price-to-earnings ratio of 15.
The balance sheet highlights total assets of $63.79 billion and total liabilities of $47.43 billion, with net debt at $30.15 billion.
This comprehensive financial report provides valuable insights into Eversource Energy's current performance and future prospects.
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.