earnings
confidence high
sentiment neutral
materiality 0.65
Eversource Energy Q3 2021 EPS $0.82 (down 19% YoY); Adjusted EPS $1.02
NSTAR ELECTRIC CO
- Reported Q3 EPS $0.82 vs $1.01 YoY; net income $283.2M vs $346.3M.
- Excluding $63.2M CL&P settlement and $4.3M acquisition charges, adjusted EPS $1.02.
- Revenue $2.46B, up 5% YoY; electric transmission earnings up 11% to $139.4M.
- Reaffirms 2021 EPS guidance $3.81-$3.93; long-term EPS growth 5-7% from $3.64 base.
- Natural gas segment lost $22M in Q3; water distribution down 24% to $17.5M.