Eversource Energy (ES)

The company now

Eversource Energy reported second-quarter 2026 earnings of $53.7 million, or $0.14 per share, compared with $352.7 million, or $0.96 per share, in the second quarter of 2025 3. The result includes a non-cash, after-tax charge of $111.4 million for the sale of Aquarion Water Company on June 30, 2026 and an after-tax charge of $164.0 million for a larger offshore wind liability 3.

Leaving out such one-time items, the company's recurring earnings, a measure it calls non-GAAP, were $329.1 million, or $0.87 per share 3. That measure is the one its guidance uses 3.

The Aquarion sale to the Aquarion Water Authority, a Connecticut public body, closed for a total price of about $2.4 billion 2. About $1.7 billion of adjusted net equity proceeds will be used to reduce Eversource parent debt 2. Chief executive Joe Nolan said the company is now a "pure-play regulated electric and natural gas delivery company" 3.

The company reaffirmed 2026 non-GAAP recurring earnings guidance of $4.57 to $4.72 per share, which includes the prospective cut in the return regulators allow on transmission 3. It also reaffirmed a long-term earnings growth rate of 5 to 7 percent through 2030 3. The open question is how regulators and courts settle the transmission return and a Connecticut rate request filed in July 23.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.