NYSE$ES

Eversource Energy · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Eversource Energy announced Q3 2023 earnings.

Eversource Energy released its unaudited results of operations for the third quarter ended September 30, 2023.

  • Eversource Energy announced its unaudited results for Q3 2023.
  • Financial information for certain subsidiaries was also released.
  • A conference call with financial analysts was webcast to discuss the company’s financial performance.
  • The webcast is accessible from the Investors section of the Eversource Energy website.

Headline financials

Total Revenue

$2.79B

Previous: $3.22B-13.2%
EPS (adj)

$0.97

Previous: $1.01-4.0%
Capital Expenditures

-$3.13B

Previous: -$2.35B-32.8%
Free Cash Flow

-$2.78B

Previous: -$2B-39.1%
Net Income

$342M

Previous: $351M-2.8%
Operating Income

$531M

Previous: $557M-4.8%
Gross Profit

$2.74B

Previous: $3.16B-13.4%
Cash & Equivalents

$78.8M

Previous: $486M-83.8%
Total Assets

$56.3B

Previous: $51.6B+9.1%

Revenue & EPS history

Eversource · Revenue · Quarterly

$2.79B

Q3 2023-13.2%vs Q3 2022
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Eversource · $348M total across 4 segments · Q2 2023

  • Electric Distribution
    $166M
  • Electric Transmission
    $161M
  • Natural Gas Distribution
    $11.7M
  • Water Distribution
    $9.3M

Forward guidance

Eversource Energy will webcast a conference call with financial analysts during which senior management will discuss the company’s financial performance through the third quarter of 2023.

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 Q3 2023

Historical avgQ3 2023

-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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