Eversource Energy (ES) Q2 2025 Financial Results Summary

# Eversource Energy (ES) Q2 2025 Financial Results Summary

Eversource Energy (NYSE: ES) released its financial results for the second quarter of 2025 on July 31, 2025. Below is a summary of their performance during this quarter compared to the same period in 2024.

### Financial Highlights
– **Earnings**:
– Q2 2025 earnings: **$352.7 million**, or **$0.96 per share**
– Q2 2024 earnings: **$335.3 million**, or **$0.95 per share**
– **Growth**: **1.1% increase in earnings** from Q2 2024 to Q2 2025
– **First Half Earnings**:
– H1 2025 earnings: **$903.5 million**, or **$2.45 per share**
– H1 2024 earnings: **$857.2 million**, or **$2.43 per share**
– **Growth**: **0.8% increase in earnings** from H1 2024 to H1 2025
– **Earnings Projection**: Eversource maintains its 2025 earnings projection between **$4.67 per share and $4.82 per share**.
– **Compound Annual Growth Rate (CAGR)**: Expected to be within the range of **5% to 7%** from a base of **$4.57 per share in 2024**.

### Segment Performance
– **Electric Transmission**:
– Q2 2025: **$208.0 million**
– Q2 2024: **$189.0 million**
– **Growth**: **10.6% increase**
– **Electric Distribution**:
– Q2 2025: **$161.5 million**
– Q2 2024: **$149.7 million**
– **Growth**: **7.9% increase**
– **Natural Gas Distribution**:
– Q2 2025: **$35.3 million**
– Q2 2024: **$27.1 million**
– **Growth**: **30.4% increase**
– **Water Distribution**:
– Q2 2025: **$14.4 million**
– Q2 2024: **$8.0 million**
– **Growth**: **80.0% increase**
– **Parent and Other Companies**:
– Q2 2025: **-$66.5 million**
– Q2 2024: **-$38.5 million**
– **Increase in Loss**: **73.6% increase**

### Earnings Per Share (EPS) Changes
– **Q2 2025 EPS**: **$0.96**
– **Q2 2024 EPS**: **$0.95**
– **Increase**: **1.1%**
– **H1 2025 EPS**: **$2.45**
– **H1 2024 EPS**: **$2.43**
– **Increase**: **0.8%**

### Dividend and Share Repurchase
– The report does not mention a declaration of a quarterly dividend or any share repurchase during this period.

### Comments from Management
– Joe Nolan, Chairman, President, and CEO of Eversource Energy, highlighted:
– “Eversource delivered solid operational and financial results in the second quarter.”
– Emphasis on the commitment of employees to customers and improving operational efficiency.
– Ongoing efforts to enhance cash flow, strengthen the balance sheet, and prioritize customer affordability while navigating regulatory challenges.

### Conclusion
Eversource Energy reported positive earnings growth in the second quarter and the first half of 2025 compared to the same periods last year, driven by strong performance across its electric, gas, and water distribution segments. Despite an increase in losses from the parent and other companies segment, the company’s overall financial health shows improvement.

(Note: The Balance Sheet table is a placeholder as the original content was not provided in the press release.)