earnings
confidence high
sentiment neutral
materiality 0.70
Eversource Q3 GAAP EPS $1.00 vs $0.82 YoY; revenue $3.22B (+32%); reaffirms FY22 outlook
NSTAR ELECTRIC CO
- GAAP EPS $1.00, up from $0.82; net income $349.4M vs $283.2M.
- Q3 revenue $3.22B, +32% YoY; operating income $557M vs $483M.
- Transmission segment earned $155.8M (+$16.4M) on higher investment.
- Reaffirms 2022 EPS guidance $4.04-$4.14, excluding transition charges.
- Non-GAAP adjusted EPS $1.01, essentially flat vs $1.02 last year.