Eversource Energy posted adjusted earnings of $1.12 per share in Q4, surpassing estimates by 1.8% and up from $1.01 a year ago, with GAAP EPS matching at $1.12 versus $0.20. Total revenues climbed 13.4% to $3.37 billion, narrowly missing forecasts by 1.3%, while operating income surged 104.3% to $710.5 million amid a 1.4% rise in operating expenses to $2.66 billion and interest costs increasing to $331.2 million.

Electric Transmission earnings were largely flat at $183.7 million, Electric Distribution fell 13.5% to $95.5 million due to customer credit charges, Natural Gas Distribution jumped 19.5% to $123.6 million driven by rate increases, and Water Distribution edged down 1.3% to $7.4 million. The Parent & Other segment swung to an $11.1 million profit from a $34.5 million loss in the prior year quarter.

Management forecast 2026 EPS of $4.80–4.95 and affirmed a 5–7% annual growth target through 2030, using 2025’s $4.76 base. The plan includes $27.8 billion in capital investments, $24.2–24.7 billion in operating cash over 2026–2030, and $6.7–7.2 billion in dividend distributions, with earnings growth expected toward the upper half of the range by 2028.