NYSE$ES

Eversource Energy · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Eversource Energy reported earnings in the second quarter of 2021.

Eversource Energy reported earnings of $264.5 million, or $0.77 per share, in the second quarter of 2021, compared with earnings of $252.2 million, or $0.75 per share, in the second quarter of 2020. Excluding certain charges, Eversource earned $271.3 million, or $0.79 per share.

  • Eversource Energy reported Q2 2021 earnings of $264.5 million, or $0.77 per share.
  • Excluding certain charges, Q2 2021 earnings were $271.3 million, or $0.79 per share.
  • The company reaffirmed its 2021 EPS projection toward the lower end of a range of $3.81 to $3.93 per share.
  • Eversource reaffirmed its long-term EPS growth rate from its existing core regulated businesses in the upper half of 5-7 percent, using the $3.64 per share earned in 2020 as a base.

Headline financials

Total Revenue

$2.12B

Previous: $1.95B+8.7%
EPS (adj)

$0.79

Previous: $0.76+3.9%
Capital Expenditures

-$1.42B

Previous: -$1.4B-1.6%
Free Cash Flow

-$1.16B

Previous: -$1.15B-0.9%
Net Income

$266M

Previous: $254M+4.8%
Operating Income

$452M

Previous: $434M+4.1%
Gross Profit

$2.08B

Previous: $1.92B+8.7%
Cash & Equivalents

$217M

Previous: $64.9M+235.0%
Total Assets

$47.2B

Previous: $42B+12.4%

Revenue & EPS history

Eversource · Revenue · Quarterly

$2.12B

Q2 2021+8.7%vs Q2 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Eversource · $272M total across 4 segments · Q2 2021

  • Electric Transmission
    $138M+6.3%
  • Electric Distribution
    $122M+5.7%
  • Water Distribution
    $8.9M-14.4%
  • Natural Gas Distribution
    $4.1M+24.2%

Forward guidance

Eversource Energy reaffirmed its previously disclosed 2021 earnings per share (EPS) projection toward the lower end of a range of $3.81 to $3.93 per share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.2%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+4.3%

Q4 2025

Best reaction

-4.8%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-1.0%+3.0%
Q4 2025+4.3%+2.0%+4.0%
Q3 2025-1.1%-1.8%-9.6%
Q1 2025-0.6%+5.3%+9.7%
Q4 2024-2.8%+0.1%-0.1%
Q3 2024-2.5%-3.6%-3.0%
Q2 2024+0.2%-1.4%+2.4%
Q1 2024+0.2%-1.5%-2.3%
Q4 2023+2.9%+8.0%+8.1%
Q3 2023+1.7%-2.9%+9.3%
Q2 2023-2.4%-6.7%-10.7%
Q1 2023+0.4%+0.4%-8.4%
Q4 2022-1.5%+0.2%-4.1%
Q3 2022-1.0%-2.5%+8.7%
Q2 2022+3.5%+5.9%+7.5%
Q1 2022+3.6%+4.4%+6.4%
Q4 2021+0.1%+0.8%+1.5%
Q3 2021-0.3%-0.4%-2.0%
Q2 2021-0.1%+1.6%+4.4%
Q1 2021-0.1%+1.2%-1.8%
Q4 2020-3.3%-4.4%-4.5%
Q3 2020+0.8%+2.4%-4.2%
Q2 2020-0.5%-0.2%-6.3%
Q1 2020-4.1%-4.9%+6.8%
Q4 2019+0.9%+0.4%-27.9%
Q3 2019-0.0%-2.5%+0.9%
Q2 2019+0.0%+0.0%+4.7%
Q1 2019-0.2%+0.3%+3.0%
Q4 2018+0.2%-1.5%+1.8%
Q3 2018-1.7%+0.3%+8.0%
Q2 2018-0.0%+2.0%+4.8%
Q1 2018-1.5%-1.7%-6.6%
Q4 2017+3.7%+0.1%-1.0%
Q3 2017+0.9%+1.7%+4.5%
Q2 2017-0.7%-0.1%+3.5%
Q1 2017+0.5%+0.9%+5.3%
Q4 2016+2.6%+5.1%+6.3%
Q3 2016-2.9%-3.4%-7.2%
Q2 2016+1.4%+1.4%-6.2%
Q1 2016+0.8%
Q4 2015-1.9%
Q3 2015+1.0%
Q2 2015+3.0%
Q1 2015-3.2%
Q4 2014-2.8%
Q3 2014+2.5%
Q2 2014-1.6%
Q1 2014+0.4%
Q4 2013-0.4%
Q3 2013-0.1%
Q2 2013-1.8%
Q1 2013-1.7%
Q4 2012-0.6%
Q3 2012-0.6%
Q2 2012-0.7%
Q1 2012+1.1%
Q4 2009-0.2%
Q4 2011-0.2%
Q3 2011-0.7%
Q2 2011-4.8%
Q1 2011+0.5%
Q4 2010+2.6%
Q3 2010-1.5%
Q2 2010-0.4%
Q1 2010+1.3%

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