earnings
confidence high
sentiment positive
materiality 0.85
Eversource FY2024 adj EPS $4.57; guides 2025 $4.67-$4.82; $24.2B capex plan
NSTAR ELECTRIC CO
- FY2024 GAAP EPS $2.27 (vs −$1.26 loss); non‑GAAP recurring EPS $4.57, within guidance $4.52‑$4.60.
- Q4 2024 GAAP EPS $0.20 (vs −$3.68); non‑GAAP recurring EPS $1.01 (up from $0.95).
- Recorded $524M after‑tax loss ($1.47/sh) on completed sale of offshore wind investments.
- Pending sale of Aquarion Water Co., expected close by late 2025; $298M after‑tax loss recorded.
- New $24.2B five‑year capex plan (2025‑2029), +10% vs prior plan; equity issuance of $1.2B planned.