Eversource Q3 2026: $0.92 EPS edges below consensus as charges bite
Eversource delivered $0.92 of GAAP and non-GAAP EPS on $2.98 billion of revenue, a penny under the $0.9307 consensus and well under last year's $1.19 recurring figure. The company still nudged up its full-year guidance midpoint to $4.66. Read this as a regulated utility grinding through rate decisions and a higher interest bill, not a growth story.
1 · Expected vs. Actual
Free preview belowGAAP and non-GAAP EPS were both $0.92, meaning there were no adjustments this quarter, and that came in $0.01 below the $0.9307 consensus. The more telling comparison is the prior-year quarter, when recurring EPS was $1.19. The $0.27 drop reflects the FERC return-on-equity cut, disallowed Connecticut storm costs, the loss of water earnings and heavier interest expense.
Revenue of $2.98 billion compares with $3.22 billion in the same quarter a year earlier, a 7.5% decline. Part of that is structural: the Aquarion water business was sold on June 30, 2026, so its revenue is simply gone. The rest is a mix of rate design and segment softness, and the filing gives no revenue estimate to measure against.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-06
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