Eversource Energy logo

ES

Eversource Energy

$67.4

Earnings Summary

Revenue
$2533.52Mn
Net Profits
$335.34Mn
Net Profit Margins
13.24%

Highlights

Revenue:

Eversource Energy’s revenue fell -3.64% since last year same period to $2533.52Mn in the Q2 2024. On a quarterly growth basis, Eversource Energy has generated -23.98% fall in its revenue since last 3-months.

Net Profits:

Eversource Energy’s net profit jumped 2074.43% since last year same period to $335.34Mn in the Q2 2024. On a quarterly growth basis, Eversource Energy has generated -35.74% fall in its net profits since last 3-months.

Net Profit Margins:

Eversource Energy’s net profit margin jumped 2156.67% since last year same period to 13.24% in the Q2 2024. On a quarterly growth basis, Eversource Energy has generated -15.47% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Eversource Energy post its latest quarter earnings

EPS Estimate Current Quarter
1.02
EPS Estimate Current Year
1.02

Highlights

EPS Estimate Current Quarter:

Eversource Energy’s earning per share (EPS) estimates for the current quarter stand at 1.02 - a 6.25% jump from last quarter’s estimates.

EPS Estimate Current Year:

Eversource Energy’s earning per share (EPS) estimates for the current year stand at 1.02.

Key Ratios

Key ratios of the Eversource Energy post its Q2 2024 earnings

Earning Per Share (EPS)
0.95
Return on Assets (ROA)
0.03
Return on Equity (ROE)
-0.01
Dividend Per Share (DPS)
0.72

Highlights

Earning Per Share (EPS):

Eversource Energy’s earning per share (EPS) fell -5% since last year same period to 0.95 in the Q2 2024. This indicates that the Eversource Energy has generated -5% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eversource Energy’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eversource Energy’s return on equity (ROE) stands at -0.01.

Dividend Per Share (DPS):

Eversource Energy declared 0.72 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-02
0.96
0.95
-1.04%
2024-05-03
1.46
1.49
2.05%