Eversource reports Q1 EPS $1.49, consensus $1.46

Reports Q1 revenue $3.33B, consensus $3.8B. “Our financial performance was strong in the first quarter, thanks to the hard work of our 10,000 employees. Our dedicated team also responded effectively to a series of ice, snow, and wind events across our three states, once again showing their commitment to serving our customers and communities,” said Joe Nolan, CEO. “In other news, we were proud to make history during the first quarter, when Eversource and Orsted’s South Fork Wind farm became the first operational commercial-scale offshore wind facility in the U.S. We also continue to make solid progress toward closing the previously announced sales of Eversource’s ownership in offshore wind projects.”