Springfield, Massachusetts-based Eversource Energy (ES) operates as a public utility holding company and engages in the energy delivery business. With a market cap of $22.9 billion, Eversource operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. The utility giant is expected to release its Q3 earnings on Monday, Nov. 4.
Ahead of the event, analysts expect Eversource Energy to report a profit of $0.96 per share, down 1% from $0.97 per share reported in the year-ago quarter. The company has surpassed or matched Wall Street’s adjusted EPS projections twice over the past four quarters while missing on two other occasions. Its adjusted EPS for the last reported quarter dipped 5% year-over-year to $0.95, matching Wall Street’s expectations.
