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Recap: Eversource Energy Q3 Earnings


Benzinga | Nov 3, 2020 04:32PM EST

Recap: Eversource Energy Q3 Earnings

Shares of Eversource Energy (NYSE:ES) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 4.08% year over year to $1.02, which were in line with the estimate of $1.02.

Revenue of $2,344,000,000 up by 7.72% from the same period last year, which beat the estimate of $2,260,000,000.

Outlook

Eversource Energy hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $99.42

52-week low: $60.69

Price action over last quarter: Up 2.12%

Company Overview

Eversource Energy is a diversified holding company with subsidiaries that provide regulated electric, gas, and water distribution service. With the addition of NStar's Massachusetts utilities in 2012, Aquarion in 2017, and Columbia Gas in 2020, the company's utilities now serve more than 4 million customers in the region. Eversource exited most of its unregulated businesses in 2006.






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