earnings
confidence high
sentiment positive
materiality 0.75
Eversource Q1 EPS $1.50 vs $1.49; reaffirms FY2025 guidance $4.67-$4.82
NSTAR ELECTRIC CO
- Q1 GAAP EPS $1.50, up from $1.49 YoY; revenue $4.12B, up 23% YoY.
- Transmission earned $199.4M (+$22.7M); natural gas distribution $218.4M (+$27.8M).
- Aquarion water divestiture expected to close later in 2025; company to become pure-play regulated utility.
- Shareholders approved elimination of supermajority votes and allowed virtual annual meetings.
- Dividend $0.7525/share declared, payable June 30 to holders of record May 15.