Eversource earned $550.8 million, or $1.50 per share, in Q1 2025, compared with $521.8 million, or $1.49 per share, in Q1 2024. All per-share amounts are reported on a diluted basis.

1. 01

   Eversource earned $550.8 million, or $1.50 per share, in Q1 2025, compared with $521.8 million, or $1.49 per share, in Q1 2024. All per-share amounts are reported on a diluted basis.

2. 02

   Eversource entered into a definitive agreement on January 27, 2025 to sell the Aquarion water distribution business. The aggregate enterprise value of the sale is approximately $2.4 billion in cash. Subject to regulatory and other approvals, the sale is expected to close in late 2025. Eversource plans to use the net proceeds from the pending sale to pay down parent company debt.

3. 03

   The company said cash flows provided by operating activities totaled $1.04 billion in Q1 2025, compared with $291.3 million in Q1 2024. Investments in property, plant and equipment totaled $1.01 billion in Q1 2024, compared with $1.15 billion in the prior-year quarter.

4. 04

   The company reaffirmed its projection to earn within a 2025 earnings guidance range of $4.67 to $4.82 per share. It also reaffirmed its projection that its long-term EPS growth rate through 2029 will be in a 5 to 7% range, using 2024 non-GAAP EPS of $4.57 per share as the base year.

Key figures

Quarter ended March 31, 2025

Revenue

$4.1B

Operating income

$926M

Net income

$553M

EPS

$1.50

Operating cash flow

$1.0B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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