Eversource Energy is a prominent utility company that provides essential electric and natural gas services to millions of customers across New England. The company focuses on delivering reliable energy solutions while promoting sustainability and environmental stewardship. Eversource invests in infrastructure improvements and renewable energy initiatives, aiming to enhance energy efficiency and reduce carbon emissions. Through a commitment to customer service and community engagement, Eversource strives to empower individuals and businesses with the tools and resources necessary for effective energy management. Read More
Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Eversource Energy (NYSE: ES) today reported earnings of $367.5 million, or $0.99 per share, for the third quarter of 2025, compared with a loss of $(118.1) million, or $(0.33) per share, for the third quarter of 2024. Non-GAAP recurring earnings totaled $442.5 million1, or $1.19 per share1 in the third quarter of 2025, compared with $405.9 million1, or $1.13 per share1 in the third quarter of 2024.
Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
Eversource Energy will host an earnings conference call with financial analysts on Wednesday, November 5, 2025, at 9 a.m. Eastern Time, to discuss the company’s financial performance and other business updates through the third quarter of 2025.
Eversource Energy (NYSE: ES) today announced that it has increased its liability related to expected future payments to Global Infrastructure Partners (GIP) as part of the September 30, 2024, sale of the South Fork Wind and Revolution Wind projects (collectively, the Offshore Wind Projects) by approximately $285 million. Eversource also expects to realize an approximately $210 million federal tax benefit associated with the tax losses on the sales of its offshore wind investments, which mitigates the earnings and cash flow impacts of settling this expected liability with GIP. The net result of these impacts is an aggregate after-tax non-recurring charge of approximately $75 million, or $0.20 per share, which Eversource expects to record in the third quarter of 2025.
Despite recent actions by the Federal Reserve to cut benchmark interest rates, a perplexing and potentially long-lasting disconnect has emerged: mortgage rates are not following suit. This "sticky" mortgage rate phenomenon, driven by a complex interplay of market forces beyond the Fed's direct control, is reshaping the landscape for homebuyers,
Washington D.C. – September 26, 2025 – U.S. Treasury yields experienced a modest decline today following the release of the August Personal Consumption Expenditures (PCE) Price Index, a crucial inflation gauge closely watched by the Federal Reserve. The data, which aligned precisely with economists' forecasts, has provided a significant measure
Wall Street kept driving equity valuations higher on Friday, extending the momentum from Thursday when all major U.S. benchmarks closed at record highs following the Federal Reserve's rate cut.
The Board of Trustees of Eversource Energy (NYSE:ES) today approved a quarterly dividend of $0.7525 per share, payable on September 30, 2025, to shareholders of record as of the close of business on September 22, 2025.
