Northeast Utilities (NU) Reports In-Line Q3 EPS; Affirms Outlook

Northeast Utilities (NYSE: NU) reported Q3 EPS of $0.75, in-line with the analyst estimate of $0.75. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.91 billion.

Northeast Utilities affirmed FY2014 EPS of $2.60-$2.70, versus the consensus of $2.66.

Thomas J. May, NU chairman, president and chief executive officer, said NU continues to improve its customer service, operations and financial results and remains highly focused on long-term investments to address the region’s energy supply challenges. “We have two great partners joining us in remedying New England’s challenging energy supply situation,” May said. “Our Northern Pass electric transmission project with Hydro-Quebec and Access Northeast natural gas pipeline project with Spectra Energy represent about $4.5 billion of invest

For earnings history and earnings-related data on Northeast Utilities (NU) click here.

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