Eversource Energy (ES) Earnings: 4Q Revenue Falls Short of Estimates Despite 10% YoY Growth

Eversource Energy on Smartkarma

Analysts at Baptista Research provided contrasting perspectives on Eversource Energy‘s strategic moves in recent research reports on Smartkarma. In the report titled “Eversource Energy: Can Its Approval & Integration of Advanced Metering Infrastructure (AMI) Be A Game Changer? – Major Drivers,” the analysts expressed a bullish sentiment. They highlighted Eversource Energy‘s shift towards becoming a regulated pure play utility by divesting its stakes in offshore wind projects. This move signifies a strategic focus on electric, natural gas, and water services.

On the other hand, in the report titled “Eversource Energy: A Bear’s Perspective! – Major Drivers,” the analysts at Baptista Research maintained a bearish view. They noted Eversource Energy‘s significant progress towards strengthening its core utility operations by selling off offshore wind projects. This strategic realignment aims to enhance system reliability and support the transition to clean energy, aligning with environmental objectives in the region.

A look at Eversource Energy Smart Scores

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 the Smartkarma Smart Scores analysis, Eversource Energy seems to have a promising long-term outlook. The company scored highly in dividend payouts and value, indicating a strong financial position and consistent returns for investors. However, the growth and resilience scores were lower, suggesting potential challenges in these areas. With moderate momentum, Eversource Energy appears to be steadily moving forward in its operations.

Eversource Energy, a public utility holding company, primarily operates in Connecticut, New Hampshire, and western Massachusetts, providing retail electric services along with natural gas distribution in Connecticut. The company’s robust dividend score of 5 reflects its commitment to rewarding shareholders, while the strong value score of 4 indicates a sound investment proposition. Despite lower growth and resilience scores, Eversource Energy‘s overall outlook remains positive, supported by its stable momentum in the industry.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma