EVERSOURCE ENERGY

Eversource Energy reported a significant decline in net income and EPS for the second quarter and first half of 2026. For the three months ended June 30, 2026, basic EPS fell to $0.14 from $0.96 in the prior year, primarily due to a $194 million loss on offshore wind projects. Despite the earnings decline, operating revenues increased, and cash flow from operating activities improved for the six-month period, significantly boosted by $2.33 billion in proceeds from the sale of Aquarion.

Eversource Energy reported Q2 2026 GAAP earnings of $0.14 per share, a significant decrease from $0.96 per share in Q2 2025. This decline was primarily due to a $111.4 million after-tax charge from the sale of Aquarion Water Company and a $164.0 million after-tax charge related to an increase in offshore wind contingent liability. Despite the GAAP impact, the company reaffirmed its 2026 non-GAAP recurring earnings guidance of $4.57 to $4.72 per share and its long-term EPS growth rate of 5-7% through 2030. A conference call with financial analysts is scheduled for July 31, 2026, to discuss these results.

Eversource Energy reported Q2 2026 GAAP earnings of $53.7 million, or $0.14 per share, a significant decrease from $352.7 million, or $0.96 per share, in Q2 2025. This decline was primarily due to a $111.4 million non-cash charge from the sale of Aquarion Water Company and a $164.0 million charge related to an increase in offshore wind contingent liability. Despite the GAAP impact, non-GAAP recurring earnings for Q2 2026 totaled $329.1 million, or $0.87 per share. The company reaffirmed its 2026 non-GAAP recurring earnings guidance of $4.57 to $4.72 per share and its long-term EPS growth rate of 5-7% through 2030, citing the completion of the Aquarion divestiture and new transmission opportunities.

Eversource has been named to TIME's list of America's Best Companies for 2026, recognizing its commitment to employees, operational excellence, and sustainability. The prestigious ranking, presented by TIME and Statista, evaluated companies based on employee satisfaction, financial performance, and sustainability transparency. This adds to Eversource's growing list of national honors, including recognitions from Newsweek, VETS Indexes, and USA Today for corporate responsibility and workplace excellence.

Eversource Energy announced it will release its second quarter 2026 financial results on Thursday, July 30, 2026, after market close. Following the release, the company will host an earnings conference call with financial analysts on Friday, July 31, 2026, at 9 a.m. Eastern Time, to discuss its financial performance and business updates. The webcast and recording will be available on the company's Investors page, with pre-registration available for the Q&A session. Eversource was also recognized as a national leader for sustainability and corporate citizenship.

Eversource Energy announced the successful completion of the sale of Aquarion Water Company to Aquarion Water Authority for a total cash purchase price of $2.4 billion. The adjusted net equity proceeds of approximately $1.7 billion will be used to reduce Eversource's debt, strengthening its balance sheet and focusing on core electric and natural gas operations. As a result of the sale, Eversource expects to recognize an after-tax non-cash non-recurring charge of approximately $115 million, or $0.31 per share, in the second quarter of 2026. The company's revised 2026 non-GAAP guidance is $4.57 to $4.72 per share, and it maintains its long-term EPS growth rate expectation of 5% to 7% through 2030.

Eversource Energy announced the successful completion of the $2.4 billion sale of Aquarion Water Company to Aquarion Water Authority. The adjusted net equity proceeds of approximately $1.7 billion will be used to strengthen the balance sheet by displacing debt. This divestment aligns with Eversource's strategy to become a pure-play regulated utility, focusing on core electric and natural gas operations. The company expects a non-cash charge of $115 million in Q2 2026 and has revised its 2026 non-GAAP guidance, while reaffirming its long-term EPS growth rate.

Eversource Energy reported strong financial results for the first quarter of 2026, with net income attributable to common shareholders increasing by 10.18% to $606.8 million and diluted EPS rising to $1.61. Operating revenues grew by 9.37% to $4.50 billion, reflecting solid performance across its utility operations. The company also saw a significant increase in net cash flows from operating activities, up 27.27% to $1.32 billion, and raised its common dividend.

Eversource Energy reported Q1 2026 GAAP earnings of $1.61 per share, an increase from $1.50 in Q1 2025, with non-GAAP recurring earnings reaching $1.73 per share. However, the company revised its 2026 non-GAAP recurring earnings guidance downwards to $4.57-$4.72 per share, primarily due to a $43.9 million FERC ROE refund charge and potential impacts from the Aquarion sale. At its Annual Meeting, shareholders elected nine trustees, approved executive compensation, ratified Deloitte & Touche LLP as the independent auditor, and rejected a proposal for an independent board chairman. The Board also approved a common dividend of $0.7875 per share.