earnings
confidence high
sentiment neutral
materiality 0.80
Eversource Q1 GAAP EPS $1.61, non-GAAP $1.73; cuts 2026 guidance to $4.57-$4.72 on FERC ROE order
NSTAR ELECTRIC CO
- Q1 operating revenue $4.50B vs $4.12B YoY; net income $606.8M vs $550.8M.
- Non-GAAP recurring EPS $1.73, excluding $0.12/share FERC ROE refund charge ($43.9M).
- Electric transmission (ex-FERC) earnings $224.3M (+$24.9M); gas distribution $295.3M (+$76.9M).
- 2026 non-GAAP guidance cut to $4.57-$4.72 from $4.80-$4.95; long-term 5-7% EPS growth reaffirmed.
- Board declared $0.7875/share dividend, payable June 30; FY 2025 compensation approved at annual meeting.