Eversource Energy (ES) is anticipated to announce its latest quarterly earnings on Tuesday, May 5th, with a consensus estimate of $1.59 EPS.
With the current price of $68.81, ES has seen a price increase of 9 cents (0.131%) since the previous close. Trading volume stands at $244,144, representing a 9.54% increase over the average.
In the last quarterly earnings report on Wednesday, February 11th, ES surpassed expectations with an EPS of $1.1. The company is set to release its latest financial performance soon.
ES offers a forward dividend yield of 4.58%, with a dividend per share MRQ of 78.75 cents and a total dividend per share TTM of $3.04, indicating a strong dividend distribution.
Recently graded by Bank of America Securities as "Buy," ES continues to maintain a positive outlook, reflecting confidence in the company's performance.
ES reported a net change in cash of -$123.99 million, with a strong operating cash flow of $916 million. The company shows stable financial health despite a negative free cash flow.
ES achieved a net income of $421.31 million, with an EPS of $1.12. Operating income stood at $710.46 million, showcasing the company's profitability.
Key financial metrics for ES include a net profit margin of 12.5%, return on equity of 2.6%, and a price-to-earnings ratio of 15, indicating a balanced financial performance.
ES holds total assets of $63.79 billion, with total liabilities at $47.43 billion, showcasing a strong financial position.
This real-time financial report provides insight into ES's performance, earnings expectations, and financial health, indicating positive momentum for the company.
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.