Eversource Energy (ES) Reports In-Line Q1 EPS, Slight Miss on Revenues; Reaffirms FY17 EPS Guidance

Eversource Energy (NYSE: ES) reported Q1 EPS of $0.82, in-line with the analyst estimate of $0.82. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.17 billion.

GUIDANCE:

Eversource Energy sees FY2017 EPS of $3.05-$3.20, versus the consensus of $3.14.

Additionally, the company today reaffirmed its 2017 earnings per share (EPS) guidance of $3.05 to $3.20 and its projected 5 to 7 percent long-term EPS growth rate.

“We continue to invest significantly to provide a high level of service to our customers, as well as help our region meet its important energy and environmental policy goals,” said Jim Judge, Eversource Energy chairman, president and chief executive officer.

For earnings history and earnings-related data on Eversource Energy (ES) click here.

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