Eversource Energy Reports Full-Year & Fourth Quarter 2024 Results
Eversource Energy (NYSE: ES) reported full-year 2024 earnings of $811.7 million ($2.27 per share), compared to a 2023 loss of $442.2 million. Non-GAAP recurring earnings reached $1,634.0 million ($4.57 per share) for 2024, up from $1,517.7 million in 2023.
The company recorded significant losses in 2024, including $524.0 million related to offshore wind investment sales and $298.3 million from the pending sale of Aquarion Water Company. Eversource introduced a new five-year $24.2 billion investment plan for 2025-2029, representing a 10% increase over its previous plan.
The company projects 2025 earnings between $4.67-$4.82 per share and expects 5-7% long-term earnings growth through 2029. Eversource plans to raise $1.2 billion in equity over 2025-2029, excluding dividend reinvestment programs.
Eversource Energy (NYSE: ES) ha riportato un utile per l'intero anno 2024 di 811,7 milioni di dollari (2,27 dollari per azione), rispetto a una perdita di 442,2 milioni di dollari nel 2023. Gli utili ricorrenti non GAAP hanno raggiunto 1.634,0 milioni di dollari (4,57 dollari per azione) nel 2024, in aumento rispetto a 1.517,7 milioni di dollari nel 2023.
L'azienda ha registrato perdite significative nel 2024, tra cui 524,0 milioni di dollari legati alla vendita di investimenti in energia eolica offshore e 298,3 milioni di dollari dalla vendita in sospeso della Aquarion Water Company. Eversource ha introdotto un nuovo piano di investimento quinquennale di 24,2 miliardi di dollari per il periodo 2025-2029, con un incremento del 10% rispetto al piano precedente.
L'azienda prevede utili per il 2025 compresi tra 4,67 e 4,82 dollari per azione e si aspetta una crescita degli utili a lungo termine del 5-7% fino al 2029. Eversource pianifica di raccogliere 1,2 miliardi di dollari in capitale tra il 2025 e il 2029, escludendo i programmi di reinvestimento dei dividendi.
Eversource Energy (NYSE: ES) reportó unas ganancias de $811.7 millones ($2.27 por acción) para el año 2024, en comparación con una pérdida de $442.2 millones en 2023. Las ganancias recurrentes no GAAP alcanzaron $1,634.0 millones ($4.57 por acción) en 2024, un aumento desde $1,517.7 millones en 2023.
La compañía registró pérdidas significativas en 2024, incluyendo $524.0 millones relacionados con la venta de inversiones en energía eólica marina y $298.3 millones de la venta pendiente de Aquarion Water Company. Eversource introdujo un nuevo plan de inversión de cinco años de $24.2 mil millones para 2025-2029, representando un aumento del 10% sobre su plan anterior.
La compañía proyecta ganancias para 2025 entre $4.67 y $4.82 por acción y espera un crecimiento de ganancias a largo plazo del 5-7% hasta 2029. Eversource planea recaudar $1.2 mil millones en capital durante 2025-2029, excluyendo los programas de reinversión de dividendos.
Eversource Energy (NYSE: ES)는 2024년 전체 연간 수익으로 8억 1,170만 달러(주당 2.27달러)를 보고했으며, 2023년에는 4억 4,220만 달러의 손실이 발생했습니다. 비GAAP 반복 수익은 2024년에 16억 3,400만 달러(주당 4.57달러)에 달하여, 2023년의 15억 1,770만 달러에서 증가했습니다.
회사는 2024년에 해상 풍력 투자 매각과 Aquarion Water Company의 매각 대기 중 손실을 포함하여 5억 2,400만 달러의 상당한 손실을 기록했습니다. Eversource는 2025-2029년을 위한 새로운 5년간 242억 달러의 투자 계획을 도입했으며, 이는 이전 계획보다 10% 증가한 것입니다.
회사는 2025년 주당 4.67달러에서 4.82달러의 수익을 예상하며, 2029년까지 5-7%의 장기 수익 성장을 기대하고 있습니다. Eversource는 2025-2029년 동안 12억 달러의 자본을 조달할 계획이며, 배당 재투자 프로그램은 제외됩니다.
Eversource Energy (NYSE: ES) a annoncé un bénéfice total de 811,7 millions de dollars (2,27 dollars par action) pour l'année 2024, par rapport à une perte de 442,2 millions de dollars en 2023. Les bénéfices récurrents non-GAAP ont atteint 1,634.0 millions de dollars (4,57 dollars par action) pour 2024, en hausse par rapport à 1,517.7 millions de dollars en 2023.
L'entreprise a enregistré des pertes importantes en 2024, y compris 524,0 millions de dollars liés à la vente d'investissements en éolien offshore et 298,3 millions de dollars provenant de la vente en attente de Aquarion Water Company. Eversource a introduit un nouveau plan d'investissement de cinq ans de 24,2 milliards de dollars pour 2025-2029, représentant une augmentation de 10 % par rapport à son précédent plan.
L'entreprise prévoit des bénéfices pour 2025 compris entre 4,67 et 4,82 dollars par action et s'attend à une croissance des bénéfices à long terme de 5-7 % jusqu'en 2029. Eversource prévoit de lever 1,2 milliard de dollars en fonds propres entre 2025 et 2029, excluant les programmes de réinvestissement des dividendes.
Eversource Energy (NYSE: ES) meldete für das Jahr 2024 einen Gesamtgewinn von 811,7 Millionen Dollar (2,27 Dollar pro Aktie), verglichen mit einem Verlust von 442,2 Millionen Dollar im Jahr 2023. Die nicht GAAP-konformen wiederkehrenden Gewinne erreichten 1.634,0 Millionen Dollar (4,57 Dollar pro Aktie) für 2024, ein Anstieg von 1.517,7 Millionen Dollar im Jahr 2023.
Das Unternehmen verzeichnete erhebliche Verluste im Jahr 2024, einschließlich 524,0 Millionen Dollar in Zusammenhang mit dem Verkauf von Offshore-Windinvestitionen und 298,3 Millionen Dollar aus dem bevorstehenden Verkauf der Aquarion Water Company. Eversource stellte einen neuen fünfjährigen Investitionsplan über 24,2 Milliarden Dollar für 2025-2029 vor, was einem Anstieg von 10 % gegenüber dem vorherigen Plan entspricht.
Das Unternehmen rechnet für 2025 mit Gewinnen zwischen 4,67 und 4,82 Dollar pro Aktie und erwartet ein langfristiges Gewinnwachstum von 5-7 % bis 2029. Eversource plant, 1,2 Milliarden Dollar an Eigenkapital zwischen 2025 und 2029 zu beschaffen, ohne die Dividendenreinvestitionsprogramme.
- Non-GAAP recurring earnings increased to $4.57 per share in 2024 from $4.34 in 2023
- New $24.2 billion investment plan represents 10% increase over previous plan
- Projected earnings growth of 5-7% through 2029
- Electric transmission earnings increased to $724.6M in 2024 from $643.4M in 2023
- Natural gas distribution earnings grew to $291.0M in 2024 from $224.8M in 2023
- Recorded $524.0M loss from offshore wind investment sales
- $298.3M loss from pending Aquarion Water Company sale
- Higher interest expenses affecting parent company earnings
- Planned $1.2B equity raise may lead to future dilution
Insights
The financial results reveal a strategic transformation at Eversource Energy, with the company executing a deliberate pivot toward its core regulated utility operations. The $4.57 per share in non-GAAP earnings demonstrates robust operational performance, but more significantly, the strategic divestitures of offshore wind investments and Aquarion Water Company signal a decisive shift toward focusing on electric and natural gas infrastructure.
The newly announced $24.2 billion five-year investment plan represents a transformative commitment to grid modernization, with a particular emphasis on transmission infrastructure. This 10% increase over the previous plan is strategically timed to capitalize on the growing need for grid reliability and clean energy integration. The planned investments in future substations and aging infrastructure replacement align perfectly with the broader industry trend toward grid resilience and renewable energy integration.
A critical element of the financial strategy is the planned $1.2 billion equity raise, strategically backloaded to the latter half of the forecast period. This timing suggests management's confidence in near-term cash flows while preparing for heightened capital deployment in later years. The transmission segment's strong performance, with a 12.6% year-over-year increase in earnings, validates the company's increased focus on this high-growth area.
The regulated utilities showed impressive growth across all segments, with Natural Gas Distribution posting a particularly strong 29.4% increase in earnings. This performance underscores the value of the company's regulated business model and its ability to execute rate case strategies effectively.
Results for the full-year 2024 include an aggregate net after-tax loss of
“In 2024, the diverse and talented people of Eversource once again distinguished themselves by achieving operational excellence and delivering solid financial results for our customers and shareholders,” said Chairman, President, and Chief Executive Officer Joe Nolan. “We worked hard to advance our region’s clean energy future, improve the already strong reliability and resiliency of our delivery networks, and enhance our customer experience."
“With the strategic decision to divest Aquarion, which is expected to close by late 2025, we will greatly strengthen our balance sheet and continue to focus on our regulated electric and natural gas utility businesses. While we see some headwinds in 2025, we also have extensive and attractive opportunities for system investments, as evidenced by a 10 percent increase in our five-year investment plan through 2029, that will strengthen the infrastructure in our region and support the growth of clean energy. We believe these opportunities will enable us to achieve our long-term growth rate of 5 to 7 percent,” Nolan added.
Eversource Energy’s annual projection for 2025 earnings is between
Eversource expects to raise
Electric Transmission
Eversource Energy’s transmission segment earned
Electric Distribution
Eversource Energy’s electric distribution segment earned
Natural Gas Distribution
Eversource Energy’s natural gas distribution segment earned
Water Distribution
Eversource Energy’s water distribution segment, excluding the loss on the pending sale noted above, earned
Eversource Parent and Other Companies
Eversource Energy parent and other companies’ earnings, excluding the losses on the offshore wind investments and transaction and other charges noted above, were
Eversource Energy Consolidated Earnings
The following table reconciles 2024 and 2023 fourth quarter and full-year GAAP earnings per share:
|
|
Fourth
|
Full Year |
||||
2023 |
Reported GAAP EPS |
$ |
(3.68 |
) |
$ |
(1.26 |
) |
|
Higher electric transmission segment earnings in 2024, net of share dilution |
|
0.03 |
|
|
0.19 |
|
|
Higher electric distribution segment revenues, partially offset by higher non-tracked O&M, interest, depreciation, property taxes, higher effective tax rate and share dilution, and the year-to-date (YTD) absence of a prior year regulatory benefit in |
|
— |
|
|
0.03 |
|
|
Higher natural gas distribution segment revenues and lower YTD non-tracked O&M, partially offset by higher depreciation, interest, property taxes and share dilution |
|
0.06 |
|
|
0.17 |
|
|
Higher water distribution segment earnings due to lower depreciation and interest expense, partially offset by higher YTD O&M and lower authorized revenues |
|
0.01 |
|
|
0.03 |
|
|
At parent and other companies, higher interest expense, partially offset by a lower effective tax rate, as well as the YTD absence of a prior year benefit from the liquidation of an investment in a clean energy fund |
|
(0.04 |
) |
|
(0.19 |
) |
|
Losses on Offshore Wind Investments, and absence of transaction and other charges from 2023 |
|
4.63 |
|
|
4.13 |
|
|
Loss on pending sale of the water distribution business |
|
(0.81 |
) |
|
(0.83 |
) |
2024 |
Reported GAAP EPS |
$ |
0.20 |
|
$ |
2.27 |
|
Financial results for the fourth quarter and full-year 2024 and 2023 for Eversource Energy’s business segments and parent and other companies are noted below:
Three months ended: |
||||||||||||||||||
(in millions, except EPS) |
December 31, 2024 |
December 31, 2023 |
Increase/
|
2024 EPS 1 |
2023 EPS 1 |
Increase/
|
||||||||||||
Electric Transmission |
$ |
184.0 |
|
$ |
167.0 |
|
$ |
17.0 |
|
$ |
0.50 |
|
$ |
0.47 |
|
$ |
0.03 |
|
Electric Distribution |
|
110.4 |
|
|
103.7 |
|
|
6.7 |
|
|
0.30 |
|
|
0.30 |
|
|
— |
|
Natural Gas Distribution |
|
103.4 |
|
|
76.5 |
|
|
26.9 |
|
|
0.28 |
|
|
0.22 |
|
|
0.06 |
|
Water Distribution 1 |
|
7.5 |
|
|
5.7 |
|
|
1.8 |
|
|
0.02 |
|
|
0.01 |
|
|
0.01 |
|
Parent and Other Companies 1 |
|
(34.5 |
) |
|
(19.4 |
) |
|
(15.1 |
) |
|
(0.09 |
) |
|
(0.05 |
) |
|
(0.04 |
) |
Loss on Offshore Wind Investments |
|
— |
|
|
(1,622.0 |
) |
|
1,622.0 |
|
|
— |
|
|
(4.63 |
) |
|
4.63 |
|
Loss on pending sale of the water distribution business |
|
(298.3 |
) |
|
— |
|
|
(298.3 |
) |
|
(0.81 |
) |
|
— |
|
|
(0.81 |
) |
Reported Earnings/(Loss) |
$ |
72.5 |
|
$ |
(1,288.5 |
) |
$ |
1,361.0 |
|
$ |
0.20 |
|
$ |
(3.68 |
) |
$ |
3.88 |
|
Full year ended: |
||||||||||||||||||
(in millions, except EPS) |
December 31, 2024 |
December 31, 2023 |
Increase/
|
2024 EPS 1 |
2023 EPS 1 |
Increase/
|
||||||||||||
Electric Transmission |
$ |
724.6 |
|
$ |
643.4 |
|
$ |
81.2 |
|
$ |
2.03 |
|
$ |
1.84 |
|
$ |
0.19 |
|
Electric Distribution |
|
631.7 |
|
|
608.0 |
|
|
23.7 |
|
|
1.77 |
|
|
1.74 |
|
|
0.03 |
|
Natural Gas Distribution |
|
291.0 |
|
|
224.8 |
|
|
66.2 |
|
|
0.81 |
|
|
0.64 |
|
|
0.17 |
|
Water Distribution 1 |
|
44.6 |
|
|
33.1 |
|
|
11.5 |
|
|
0.12 |
|
|
0.09 |
|
|
0.03 |
|
Parent and Other Companies 1 |
|
(57.9 |
) |
|
8.4 |
|
|
(66.3 |
) |
|
(0.16 |
) |
|
0.03 |
|
|
(0.19 |
) |
Losses on Offshore Wind Investments |
|
(524.0 |
) |
|
(1,953.0 |
) |
|
1,429.0 |
|
|
(1.47 |
) |
|
(5.58 |
) |
|
4.11 |
|
Loss on pending sale of the water distribution business |
|
(298.3 |
) |
|
— |
|
|
(298.3 |
) |
|
(0.83 |
) |
|
— |
|
|
(0.83 |
) |
Transaction and other charges |
|
— |
|
|
(6.9 |
) |
|
6.9 |
|
|
— |
|
|
(0.02 |
) |
|
0.02 |
|
Reported Earnings/(Loss) |
$ |
811.7 |
|
$ |
(442.2 |
) |
$ |
1,253.9 |
|
$ |
2.27 |
|
$ |
(1.26 |
) |
$ |
3.53 |
|
Eversource Energy has approximately 367 million common shares outstanding and operates New England’s largest energy delivery system. It serves approximately 4.6 million electric, natural gas and water customers in
Note: Eversource Energy will webcast a conference call with senior management on February 12, 2025, beginning at 9 a.m. Eastern Time. The webcast and associated slides can be accessed through Eversource Energy’s website at www.eversource.com or via this link https://edge.media-server.com/mmc/p/myr8izgk/. |
1 All per-share amounts in this news release are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings discussion includes financial measures that are not recognized under generally accepted accounting principles (non-GAAP) referencing earnings and EPS excluding losses on the sales and impairments of the offshore wind equity method investments, a loss on the pending sale of the Aquarion water distribution business, a loss on the disposition of land that was initially acquired to construct the Northern Pass Transmission project and was subsequently abandoned, and certain transaction and transition costs. EPS by business is also a non-GAAP financial measure and is calculated by dividing the net income attributable to common shareholders of each business by the weighted average diluted Eversource Energy common shares outstanding for the period. The earnings and EPS of each business do not represent a direct legal interest in the assets and liabilities of such business, but rather represent a direct interest in Eversource Energy’s assets and liabilities as a whole. Eversource Energy uses these non-GAAP financial measures to evaluate and provide details of earnings results by business and to more fully compare and explain results without including these items. This information is among the primary indicators management uses as a basis for evaluating performance and planning and forecasting of future periods. Management believes the impacts of the losses on the offshore wind equity method investments, the loss on the pending sale of the Aquarion water distribution business, the loss on the disposition of land associated with an abandoned project, and transaction and transition costs are not indicative of Eversource Energy's ongoing costs and performance. Management views these charges as not directly related to the ongoing operations of the business and therefore not an indicator of baseline operating performance. Due to the nature and significance of the effect of these items on net income attributable to common shareholders and EPS, management believes that the non-GAAP presentation is a more meaningful representation of Eversource Energy's financial performance and provides additional and useful information to readers of this report in analyzing historical and future performance of the business. These non-GAAP financial measures should not be considered as alternatives to reported net income attributable to common shareholders or EPS determined in accordance with GAAP as indicators of Eversource Energy's operating performance.
This document includes statements concerning Eversource Energy’s expectations, beliefs, plans, objectives, goals, strategies, assumptions of future events, future financial performance or growth and other statements that are not historical facts. These statements are “forward-looking statements” within the meaning of the U. S. federal securities laws. Generally, readers can identify these forward-looking statements through the use of words or phrases such as “estimate,” “expect,” “pending,” “anticipate,” “intend,” “plan,” “project,” “believe,” “forecast,” “would,” “should,” “could” and other similar expressions. Forward-looking statements involve risks and uncertainties that may cause actual results or outcomes to differ materially from those included in the forward-looking statements. Forward-looking statements are based on the current expectations, estimates, assumptions or projections of management and are not guarantees of future performance. These expectations, estimates, assumptions or projections may vary materially from actual results. Accordingly, any such statements are qualified in their entirety by reference to, and are accompanied by, the following important factors that may cause our actual results or outcomes to differ materially from those contained in our forward-looking statements, including, but not limited to cyberattacks or breaches, including those resulting in the compromise of the confidentiality of our proprietary information and the personal information of our customers; the ability to qualify for investment tax credits and investment tax credit adders; variability in the costs and final investment returns of the Revolution Wind and South Fork Wind offshore wind projects as it relates to the purchase price post-closing adjustment under the terms of the sale agreement for these projects; disruptions in the capital markets or other events that make our access to necessary capital more difficult or costly; changes in economic conditions, including impact on interest rates, tax policies, and customer demand and payment ability; ability or inability to commence and complete our major strategic development projects and opportunities; acts of war or terrorism, physical attacks or grid disturbances that may damage and disrupt our electric transmission and electric, natural gas, and water distribution systems; actions or inaction of local, state and federal regulatory, public policy and taxing bodies; substandard performance of third-party suppliers and service providers; fluctuations in weather patterns, including extreme weather due to climate change; changes in business conditions, which could include disruptive technology or development of alternative energy sources related to our current or future business model; contamination of, or disruption in, our water supplies; changes in levels or timing of capital expenditures; changes in laws, regulations, Presidential executive orders or regulatory policy, including compliance with environmental laws and regulations; changes in accounting standards and financial reporting regulations; actions of rating agencies; and other presently unknown or unforeseen factors.
Other risk factors are detailed in Eversource Energy’s reports filed with the Securities and Exchange Commission (SEC). They are updated as necessary and available on Eversource Energy’s website at www.eversource.com and on the SEC’s website at www.sec.gov and management encourages you to consult such disclosures.
All such factors are difficult to predict and contain uncertainties that may materially affect Eversource Energy’s actual results, many of which are beyond our control. You should not place undue reliance on the forward-looking statements, as each speaks only as of the date on which such statement is made, and, except as required by federal securities laws, Eversource Energy undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events.
EVERSOURCE ENERGY AND SUBSIDIARIES
|
||||||
|
For the Three Months Ended December 31, |
|||||
(Thousands of Dollars, Except Share Information) |
2024 |
|
2023 |
|||
|
|
|
|
|||
Operating Revenues |
$ |
2,971,488 |
|
$ |
2,694,238 |
|
|
|
|
|
|||
Operating Expenses: |
|
|
|
|||
Purchased Power, Purchased Natural Gas and Transmission |
|
740,832 |
|
|
935,329 |
|
Operations and Maintenance |
|
575,100 |
|
|
513,141 |
|
Depreciation |
|
372,853 |
|
|
343,363 |
|
Amortization |
|
215,369 |
|
|
(51,657 |
) |
Energy Efficiency Programs |
|
165,007 |
|
|
160,145 |
|
Taxes Other Than Income Taxes |
|
257,488 |
|
|
235,370 |
|
Loss on Pending Sale of Aquarion |
|
297,000 |
|
|
— |
|
Total Operating Expenses |
|
2,623,649 |
|
|
2,135,691 |
|
Operating Income |
|
347,839 |
|
|
558,547 |
|
Interest Expense |
|
288,696 |
|
|
231,300 |
|
Losses on Offshore Wind Investments |
|
— |
|
|
1,766,000 |
|
Other Income, Net |
|
91,612 |
|
|
85,090 |
|
Income/(Loss) Before Income Tax Expense |
|
150,755 |
|
|
(1,353,663 |
) |
Income Tax Expense/(Benefit) |
|
76,355 |
|
|
(67,058 |
) |
Net Income/(Loss) |
|
74,400 |
|
|
(1,286,605 |
) |
Net Income Attributable to Noncontrolling Interests |
|
1,880 |
|
|
1,880 |
|
Net Income/(Loss) Attributable to Common Shareholders |
$ |
72,520 |
|
$ |
(1,288,485 |
) |
|
|
|
|
|||
Basic and Diluted Earnings/(Loss) Per Common Share |
$ |
0.20 |
|
$ |
(3.68 |
) |
|
|
|
|
|||
Weighted Average Common Shares Outstanding: |
|
|
|
|||
Basic |
|
366,481,846 |
|
|
349,938,891 |
|
Diluted |
|
366,883,093 |
|
|
350,167,959 |
|
The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.
EVERSOURCE ENERGY AND SUBSIDIARIES
|
|||||||||
|
For the Years Ended December 31, |
||||||||
(Thousands of Dollars, Except Share Information) |
2024 |
|
2023 |
|
2022 |
||||
|
|
|
|
|
|
||||
Operating Revenues |
$ |
11,900,809 |
|
$ |
11,910,705 |
|
|
$ |
12,289,336 |
|
|
|
|
|
|
||||
Operating Expenses: |
|
|
|
|
|
||||
Purchased Power, Purchased Natural Gas and Transmission |
|
3,736,078 |
|
|
5,168,241 |
|
|
|
5,014,074 |
Operations and Maintenance |
|
2,012,926 |
|
|
1,895,703 |
|
|
|
1,865,328 |
Depreciation |
|
1,433,503 |
|
|
1,305,840 |
|
|
|
1,194,246 |
Amortization |
|
342,864 |
|
|
(490,117 |
) |
|
|
448,892 |
Energy Efficiency Programs |
|
671,828 |
|
|
691,344 |
|
|
|
658,051 |
Taxes Other Than Income Taxes |
|
997,901 |
|
|
940,359 |
|
|
|
910,591 |
Loss on Pending Sale of Aquarion |
|
297,000 |
|
|
— |
|
|
|
— |
Total Operating Expenses |
|
9,492,100 |
|
|
9,511,370 |
|
|
|
10,091,182 |
Operating Income |
|
2,408,709 |
|
|
2,399,335 |
|
|
|
2,198,154 |
Interest Expense |
|
1,111,336 |
|
|
855,441 |
|
|
|
678,274 |
Losses on Offshore Wind Investments |
|
464,019 |
|
|
2,167,000 |
|
|
|
— |
Other Income, Net |
|
410,482 |
|
|
348,069 |
|
|
|
346,088 |
Income/(Loss) Before Income Tax Expense |
|
1,243,836 |
|
|
(275,037 |
) |
|
|
1,865,968 |
Income Tax Expense |
|
424,664 |
|
|
159,684 |
|
|
|
453,574 |
Net Income/(Loss) |
|
819,172 |
|
|
(434,721 |
) |
|
|
1,412,394 |
Net Income Attributable to Noncontrolling Interests |
|
7,519 |
|
|
7,519 |
|
|
|
7,519 |
Net Income/(Loss) Attributable to Common Shareholders |
$ |
811,653 |
|
$ |
(442,240 |
) |
|
$ |
1,404,875 |
|
|
|
|
|
|
||||
Basic Earnings/(Loss) Per Common Share |
$ |
2.27 |
|
$ |
(1.27 |
) |
|
$ |
4.05 |
|
|
|
|
|
|
||||
Diluted Earnings/(Loss) Per Common Share |
$ |
2.27 |
|
$ |
(1.26 |
) |
|
$ |
4.05 |
|
|
|
|
|
|
||||
Weighted Average Common Shares Outstanding: |
|
|
|
|
|
||||
Basic |
|
357,482,965 |
|
|
349,580,638 |
|
|
|
346,783,444 |
Diluted |
|
357,779,408 |
|
|
349,840,481 |
|
|
|
347,246,768 |
The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250211270679/en/
Rima Hyder
(781) 441-8062
Source: Eversource Energy
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