Eversource: third-quarter earnings below analyst expectations
FROM THE WIRE · FINANCE.YAHOO.COM
SPRINGFIELD, Mass. (AP) — SPRINGFIELD, Mass. (AP) — Eversource Energy (ES) on Wednesday reported third-quarter net income of $346 million. On a per-share basis, the Springfield, Massachusetts-based company said it had profit of 92 cents. The results did not meet Wall Street…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishResults below consensus for a New England utility, which may pressure the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Eversource reported third-quarter net income of $346 million, or 92 cents per share.
- 02EPS came in below the average analyst estimate of 97 cents.
- 03Revenue of $2.98 billion missed the forecast of $3.41 billion.
- 04The company expects full-year earnings of $4.62 to $4.70 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets