earnings
confidence high
sentiment positive
materiality 0.80
Eversource FY2025 GAAP EPS $4.56, non-GAAP $4.76; 2026 guidance $4.80-$4.95
NSTAR ELECTRIC CO
- Full-year GAAP EPS $4.56 vs $2.27 in 2024; non-GAAP recurring $4.76 vs $4.57, above updated guidance range of $4.72-$4.80.
- Revenue $13.55B, up 14% YoY from $11.90B; operating income $2.99B vs $2.41B.
- Transmission earnings $776.7M (+7%), Distribution $667.1M (+6%), Natural Gas $360.5M (+24%).
- 2026 EPS guidance $4.80-$4.95; five-year $26.5B capex plan, up $2.3B; plans $800M-$1.1B equity raise over 2026-2030.
- Includes $75M after-tax loss from offshore wind contingent liability adjustment (excluded from non-GAAP).