Eversource Energy Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/06 15:39- Eversource Energy narrowed 2026 non-GAAP earnings guidance to $4.62-$4.70 per share, raising the midpoint to $4.66.
- The November 5 third-quarter earnings call featured CEO Joseph R. Nolan, CFO John M. Moreira, investor relations executives and analysts.
- Quarterly recurring earnings fell to $0.92 per share from $1.19, reflecting lower transmission returns, storm-cost disallowances and the Aquarion sale.
- Management reaffirmed its $26.5 billion capital plan through 2030; a newly selected transmission project adds $700 million beyond the current plan.
- FERC refunds may require an accounting charge before the appeal concludes; management expects difficulty meeting the May 2027 refund deadline.
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