{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-022557","form_type":"8-K","ticker":"NSARO","cik":"0000013372","company_name":"NSTAR ELECTRIC CO","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.866276+00:00","generated_at":"2026-06-06T02:08:18.286933+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Eversource posts FY2023 GAAP loss of $442M on offshore wind impairment; guides FY2024 adj. EPS $4.50-$4.67","bullets":["FY2023 GAAP net loss $442.2M (-$1.26 EPS) vs FY2022 earnings $1.40B ($4.05 EPS); Q4 loss $1.29B (-$3.68 EPS).","Non-GAAP adjusted EPS FY2023 $4.34 (up from $4.09); Q4 $0.95 (up from $0.92). Guidance FY2024 $4.50-$4.67.","Full exit of offshore wind: sells South Fork & Revolution Wind to Global Infrastructure Partners, Sunrise Wind to Ørsted.","Plans to explore sale of water business (Aquarion) with $1.3B rate base; equity issuances up to $1.3B.","Long-term regulated EPS growth target 5-7% CAGR through 2028 from $4.34 base."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-022557","json":"https://secwatch.observer/filing/0001104659-24-022557.json","markdown":"https://secwatch.observer/filing/0001104659-24-022557.md","text":"https://secwatch.observer/filing/0001104659-24-022557.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/0001104659-24-022557-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/tm245877d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:08:18.286933+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2451c5f2c5398ab3596d046bc4c93a24287b73e6","claim":"NSTAR ELECTRIC CO reported fourth quarter 2023 results: net income $(1,288.5) million, EPS $(3.68).","evidence_excerpt":"Eversource also reported a fourth quarter 2023 loss of $(1,288.5) million, or $(3.68) per share, compared with fourth quarter 2022 earnings of $320.2 million, or $0.92 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/0001104659-24-022557-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2023"},{"label":"Net income","value":"$(1,288.5) million"},{"label":"EPS","value":"$(3.68)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2bdd1382b2cf13ec3b4b1fd3a75d22b5f4161757","claim":"NSTAR ELECTRIC CO reported fourth quarter 2023 non-GAAP results: net income $333.5 million, EPS $0.95.","evidence_excerpt":"$333.5 million 1 , or $0.95 per share 1 , in the fourth quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/0001104659-24-022557-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2023 non-GAAP"},{"label":"Net income","value":"$333.5 million"},{"label":"EPS","value":"$0.95"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"be5e61616903a5670b980c81b2862b793e9d90db","claim":"NSTAR ELECTRIC CO reported 2024 results: EPS $4.50 to $4.67. Guidance initiated.","evidence_excerpt":"Eversource Energy projected 2024 non-GAAP earnings of between $4.50 per share and $4.67 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/0001104659-24-022557-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"EPS","value":"$4.50 to $4.67"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f34260c9b53e414b3869755455abe3283cc727d6","claim":"NSTAR ELECTRIC CO reported full-year 2023 non-GAAP results: net income $1,517.7 million, EPS $4.34.","evidence_excerpt":"Eversource Energy reported non-GAAP earnings of $1,517.7 million 1 , or $4.34 per share 1 , for the full-year 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/13372/000110465924022557/0001104659-24-022557-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023 non-GAAP"},{"label":"Net income","value":"$1,517.7 million"},{"label":"EPS","value":"$4.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}