AI English summary of an SEC filing — figures as filed
The company said net income was $550.8 million ($1.50 per share) for Q1 2025, compared with $521.8 million ($1.49 per share) for Q1 2024.
Key points
AI summaryThe company said net income was $550.8 million ($1.50 per share) for Q1 2025, compared with $521.8 million ($1.49 per share) for Q1 2024.
Eversource said segment earnings for Q1 were $199.4 million for electric transmission ($176.7 million a year earlier), $188.4 million for electric distribution ($168.1 million a year earlier) and $218.4 million for natural gas distribution ($190.6 million a year earlier). Water distribution earnings were $3.6 million, down from $5.4 million a year earlier.
The company said the loss at parent and other companies widened to $59.0 million in Q1 from $19.0 million a year earlier. It cited higher interest expense from the absence of capitalized interest following the sale of its offshore wind investments, and higher interest costs on its long-term debt, as the factors.
The company said its board approved a common dividend of $0.7525 per share and reaffirmed its 2025 earnings per share outlook of $4.67 to $4.82 for the full year. It also reaffirmed its cumulative long-term earnings per share growth rate of 5 to 7% through 2029, from a 2024 base of $4.57 per share.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Eversource Energy Reports Q1 2025 Earnings of $550.8 million, or $1.50 per Share
The company said net income was $550.8 million ($1.50 per share) for Q1 2025, compared with $521.8 million ($1.49 per share) for Q1 2024.
Source · Based on the filing body and exhibits
Segment Results: Transmission, Distribution and Gas Up; Water Down
Eversource said segment earnings for Q1 were $199.4 million for electric transmission ($176.7 million a year earlier), $188.4 million for electric distribution ($168.1 million a year earlier) and $218.4 million for natural gas distribution ($190.6 million a year earlier). Water distribution earnings were $3.6 million, down from $5.4 million a year earlier.
Source · Based on the filing body and exhibits
Losses Widen at Parent and Other Companies
The company said the loss at parent and other companies widened to $59.0 million in Q1 from $19.0 million a year earlier. It cited higher interest expense from the absence of capitalized interest following the sale of its offshore wind investments, and higher interest costs on its long-term debt, as the factors.
Source · Based on the filing body and exhibits
Dividend Approved and 2025 EPS Outlook Reaffirmed
The company said its board approved a common dividend of $0.7525 per share and reaffirmed its 2025 earnings per share outlook of $4.67 to $4.82 for the full year. It also reaffirmed its cumulative long-term earnings per share growth rate of 5 to 7% through 2029, from a 2024 base of $4.57 per share.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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