Eversource reports Q1 EPS $1.41, consensus $1.34

Reports Q1 revenue $3.796B, consensus $3.22B. "Our employees overcame some challenging weather conditions in March due to a number of late winter storms," said Joe Nolan, Eversource Energy chairman, president and chief executive officer. "But overall, New England experienced a very mild winter this year, which benefited our customers in two important ways. The mild weather lowered energy consumption and lower consumption across much of the country helped spur a decline in energy prices, which will significantly reduce electricity and natural gas supply rates as we move through 2023. This is excellent news for our customers who experienced unprecedented spikes in their energy rates at the end of 2022."