secwatch.observer — SEC 8-K summary
======================================

Issuer:     NSTAR ELECTRIC CO (NSARO)
CIK:        0000013372
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001104659-22-055901
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eversource Q1 EPS $1.28 beats year-ago $1.06; initiates strategic review of offshore wind JV with Ørsted
--------------------------------------------------------------------------------

- Q1 2022 net income $443.4M ($1.28 EPS) vs $366.1M ($1.06 EPS) in Q1 2021.
- Reaffirms 2022 non-GAAP EPS guidance $4.00-$4.17; dividend $0.6375/share payable June 30.
- Initiates strategic review of 50% offshore wind JV with Ørsted; potential sale of all or part.
- CFO transition: Philip Lembo retiring; John Moreira elected EVP, CFO, Treasurer effective May 4.
- Shareholders re-elected all 12 trustees and ratified Deloitte as auditor for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/13372/000110465922055901/0001104659-22-055901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/13372/000110465922055901/tm2214420d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-055901

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer