* Eversource Energy reported a quarterly adjusted loss of 33 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of eighteen analysts for the quarter was for earnings of $1.08 per share. Wall Street expected results to range from 85 cents to $1.14 per share.
* Revenue rose 9.7% to $3.06 billion from a year ago; analysts expected $3.06 billion.
* Eversource Energy's reported EPS for the quarter was a loss of 33 cents.
* The company reported a quarterly loss of $118.06 million.
* Eversource Energy shares had fallen by 6.8% this quarter and gained 2.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.4% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for Eversource Energy is $73.06 This summary was machine generated from LSEG data November 5 at 07:56 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.08 -0.33 Missed
Jun. 30 2024 0.96 0.95 Missed
Mar. 31 2024 1.46 1.49 Beat
Dec. 31 2023 0.97 1.36 Beat
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