Wall Street expects Eversource Energy to report a year-over-year decline in earnings with a consensus EPS of $0.91 and revenue of $3.04 billion, while the stock currently trades at $74.91, slightly above the average analyst price target of $73.67. Investors are primarily focused on the company's regulatory progress in Connecticut and the final execution of its offshore wind divestment strategy.
Management is expected to provide updates on its $24.2 billion five-year capital plan aimed at electric sector modernization. Despite higher revenue projections driven by rate increases in Massachusetts and New Hampshire, earnings remain under pressure from increased interest costs and the fallout from prior clean energy impairments.