ES - Eversource Energy beats Q1 top and bottom line estimates; reaffirms FY23 and long-term EPS outlook
2023-05-03 16:29:51 ET
- Eversource Energy press release ( NYSE: ES ): Q1 GAAP EPS of $1.41 beats by $0.08 .
- Revenue of $3.8B (+9.5% Y/Y) beats by $560M .
- Outlook: The company today reaffirmed its 2023 non-GAAP earnings projection of between $4.25 per share and $4.43 per share vs. consensus of $4.36, which excludes transaction- and transition-related costs.
- It also reaffirmed its long-term earnings per share growth rate of solidly in the upper half of 5-7 percent from a 2022 base of $4.09 per share.
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Eversource Energy beats Q1 top and bottom line estimates; reaffirms FY23 and long-term EPS outlook