Eversource: Q2 Earnings Snapshot
SPRINGFIELD, Mass. (AP) _ Eversource Energy (ES) on Thursday reported second-quarter profit of $291.9 million.
The Springfield, Massachusetts-based company said it had profit of 84 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 86 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.
The New England power provider posted revenue of $2.57 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $2.31 billion.
Eversource expects full-year earnings in the range of $4.04 to $4.14 per share.