Eversource Energy's second quarter 2026 adjusted EPS misses estimates while the company completes its Aquarion Water divestiture.

Eversource Energy reported second quarter 2026 non-GAAP recurring earnings of $0.87 per share on operating revenues of $2.90 billion. These results missed consensus estimates of $0.91 for EPS and $3.04 billion for revenue. GAAP EPS was $0.14, reflecting significant after-tax charges related to the sale of its water business and an offshore wind contingent liability.

Key Highlights

• The company completed its strategic divestiture of Aquarion Water Company, transitioning to a pure-play regulated electric and natural gas utility.
• Second quarter GAAP results included a $111.4 million ($0.30 per share) charge for the Aquarion sale and a $164.0 million ($0.43 per share) charge for an offshore wind contingent liability.
• Eversource reaffirmed its full-year 2026 non-GAAP recurring earnings guidance of between $4.57 and $4.72 per share.