Earnings Alerts

Eversource Energy (ES) Earnings: 2Q Revenue Falls Short of Estimates with Key Financial Insights

  • Eversource’s second-quarter operating revenue amounted to $2.84 billion, up 12% year-over-year, but below the estimate of $2.88 billion.
  • Expenditure on purchased power, fuel, and transmission was $818.7 million, a decrease of 2.7% compared to the previous year, and significantly lower than the estimate of $1.11 billion.
  • Spending on energy efficiency programs was $135.3 million, down 6.9% year-over-year, closely meeting the estimated $136 million.
  • Analyst ratings for Eversource include 9 “buy” recommendations, 6 “hold” recommendations, and 3 “sell” recommendations.

Eversource Energy on Smartkarma

Analysts at Baptista Research on Smartkarma have highlighted the positive potential for Eversource Energy in their recent reports. One report, titled “Eversource Energy: Regulatory Approvals & Infrastructure Investments to Impact Stock Performance Positively In the Long Run!”, emphasizes the stable performance of Eversource Energy in the regulated utility sector. The company’s first quarter of 2025 financial results showed growth in earnings per share, driven by advancements in the electric transmission and distribution segments supported by ongoing grid modernization efforts.

In another report titled “Eversource Energy’s Power Play: $7 Billion to Reinvent the Electric Grid!”, Baptista Research underscores Eversource Energy‘s accomplishments in 2024 alongside encountered challenges. Despite hurdles, the company saw a 5.3% increase in earnings per share compared to the previous year, with strong performances in electric transmission, distribution, and natural gas segments. These gains were attributed to base rate increases and sustained infrastructure investments, positioning Eversource Energy for future growth.


A look at Eversource Energy Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Eversource Energy shows a strong overall outlook. With impressive scores in Value and Dividend, indicating good potential for returns and income for investors, the company demonstrates financial stability and profitability. Additionally, its Momentum score reflects positive investor sentiment and market trends, suggesting growing interest in the company.

While Eversource Energy also has decent scores in Growth and Resilience, indicating room for improvement in terms of expansion strategies and risk management, the company’s overall outlook remains promising. As a public utility holding company serving multiple states, Eversource Energy plays a vital role in providing essential services, such as electricity and natural gas, to its customers, solidifying its position in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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