Springfield, Massachusetts-based Eversource Energy (ES) is a public utility holding company specializing in energy delivery. With a market cap of $21.3 billion, it is dedicated to providing reliable, sustainable energy solutions while investing in clean energy initiatives that promote environmental stewardship and community development. The company is set to release its Q4 earnings on Tuesday, Feb. 11.
Ahead of the event, analysts expect Eversource Energy to report a profit of $0.99 per share, up 4.2% from $0.95 per share reported in the year-ago quarter. The company has exceeded or met Wall Street's adjusted EPS projections in three of the past four quarters while missing on another occasion. Its adjusted profit of $1.13 per share in the last quarter surpassed the consensus estimates by 8.7%. Eversource's earnings beat was driven by strong revenue growth and effective cost management, resulting in a year-over-year increase in earnings per share.
