Eversource Energy (ES) has consistently reported strong Q4 earnings and revenues. The utility's impressive financial performance, marked by strong EPS growth and strategic investments, has largely been driven by higher electricity rates and a comprehensive, strategic plan that has fostered financial turnaround. The reports indicate that the company is increasing its dividend, suggesting positive outcomes for shareholders. Acknowledged as America's Most Ethical Utility, Eversource has been dominating the JUST 100 Rankings for six consecutive years. Reports also suggest that Eversource sold Aquarion Water Company for a considerable sum of $2.4B. However, stock performance over the last three years remains unprofitable. Moreover, the company has reported its Q3 2024 loss at $(0.33) per share. Despite this downturn, the company boosted shareholder value with a 5.2% dividend hike and earned an RS rating upgrade. Reports suggest that institutional investors, who control 84% of Eversource, reportedly saw significant rewards as the stock rose by 3.6%. Addressing climate change head-on, Eversource has launched game-changing green energy projects and initiated the construction of the Greater Cambridge Energy Program.
Eversource Energy ES News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Fri, 14 Feb 2025 21:08:41 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -1
