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Eversource Energy ( (ES) ) has shared an update.
Eversource Energy reported a third-quarter 2024 loss of $118.1 million, a stark contrast to the previous year’s earnings. Despite this setback, the company updated its non-GAAP earnings projection, with expectations of growth driven by strategic investments in electric transmission and distribution. The company reaffirmed its focus as a regulated utility, emphasizing innovative technology and consistent returns for stakeholders, following its exit from offshore wind development.
See more insights into ES stock on TipRanks’ Stock Analysis page.