Eversource Energy Q4 EPS $1.12 Beats, Revenues Rise 13.4% to $3.37B
Eversource Energy reported Q4 adjusted EPS of $1.12, beating estimates by 1.8% and rising 10.9% from prior-year, with GAAP EPS of $1.12 versus $0.20. Fourth-quarter revenues grew 13.4% to $3.37 billion despite missing estimates by 1.3%, and operating income more than doubled to $710.5 million.
1. Q4 Financial Results
Eversource reported Q4 adjusted EPS of $1.12, surpassing the $1.10 estimate and up 10.9% year-over-year, while GAAP EPS climbed from $0.20. Total revenues reached $3.37 billion, a 13.4% gain over last year, though slightly below the $3.41 billion consensus.
2. Segment Performance
Operating income more than doubled to $710.5 million, reflecting higher energy efficiency program spending and cost recoveries. Natural gas distribution earnings jumped 19.5% on base rate increases, while electric distribution fell 13.5% due to settlement credits and transmission remained flat.
3. 2026 Outlook
Eversource projects 2026 EPS of $4.80–$4.95, targeting 5–7% annual EPS growth through 2030. The company plans $27.8 billion in capex over 2026–2030 and expects $24.2–$24.7 billion in operating cash flow along with $6.7–$7.2 billion in dividend payouts.