AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Eversource Energy Posts Q2 Profit Gain, Revenue Up 12%
ByAinvest
Thursday, Jul 31, 2025 5:14 pm ET1min read
Eversource Energy reported Q2 earnings of $352.72 million, or $0.96 per share, up from $335.34 million, or $0.95 per share, last year. Revenue rose 12.0% to $2.838 billion from $2.533 billion last year. The company's full-year EPS guidance is between $4.67 and $4.82.
Eversource Energy (NYSE: ES) reported robust earnings for the second quarter of 2025, with net income of $352.7 million, or $0.96 per share, up from $335.3 million, or $0.95 per share, in the same period last year [1]. Revenue rose 12.0% to $2.838 billion from $2.533 billion in Q2 2024, driven by higher revenues from base distribution rate increases and continued investments in the company's systems [1].The company's electric transmission segment earned $208.0 million in Q2 2025, up from $189.0 million in Q2 2024, primarily due to ongoing investments in the electric transmission system [1]. The electric distribution segment saw earnings of $161.5 million, up from $149.7 million, largely due to higher revenues from base distribution rate increases and investments in the distribution system [1]. The natural gas distribution segment earned $35.3 million, up from $27.1 million, with improvements driven by base distribution rate increases in Massachusetts [1]. The water distribution segment reported earnings of $14.4 million, up from $8.0 million, primarily due to higher revenues and lower interest expense [1].
Eversource's parent and other companies incurred losses of $66.5 million in Q2 2025, up from $38.5 million in Q2 2024, mainly due to higher interest expense related to the sale of offshore wind projects [1]. For the first half of 2025, Eversource reported earnings of $903.5 million, or $2.45 per share, compared to $857.2 million, or $2.43 per share, in the first half of 2024 [1].
The company reaffirmed its 2025 earnings projection of between $4.67 per share and $4.82 per share, with a compound annual earnings per share growth rate within the range of 5 to 7 percent from a 2024 base of $4.57 per share [1].
References:
[1] Business Wire. (2025, July 31). Eversource Energy Reports Second-Quarter 2025 Results. Retrieved from https://www.businesswire.com/news/home/20250731069209/en/Eversource-Energy-Reports-Second-Quarter-2025-Results
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet