Eversource Energy ES reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
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Eversource Energy missed estimated earnings by 2.15%, reporting an EPS of $0.91 versus an estimate of $0.93.
Revenue was up $248.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 0.04% drop in the share price the next day.
Here's a look at Eversource Energy's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Eversource Energy management provided guidance for their next quarter, expecting earnings between $4.0 and $4.17 per share for the next quarter.
This represents a 348.9% in quarter-over-quarter growth for Eversource Energy, a bullish signal to many investors.
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