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Eversource(ES) - 2024 Q3 - Quarterly Report
2024-11-07 03:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Eversource Energy Large accelerated filer☒ Accelerated filer☐ Non-accelerated filer☐Smaller ...
Eversource(ES) - 2024 Q3 - Earnings Call Transcript
2024-11-06 00:49
财务数据和关键指标变化 - 第三季度GAAP每股亏损为0.33美元,主要包括与离岸风电剥离相关的每股1.46美元的税后损失 [24][22] - 除去离岸风电的税后损失,第三季度的经常性每股收益为1.13美元,较去年同期的0.97美元有所增长 [24][22] - 预计2024年全年的经常性每股收益指导范围为4.52至4.60美元,因高于预期的利息支出而调整 [28] 各条业务线数据和关键指标变化 - 电力传输业务每股收益为0.49美元,较2023年的0.46美元有所增加,主要由于基础设施投资的持续 [25] - 电力分配业务每股收益为0.57美元,较2023年的0.50美元有所增加,主要受基础分配费率上调的推动 [25] - 自来水分配业务本季度贡献每股收益0.07美元,较去年同期的0.05美元有所增加,主要由于较低的折旧费用和水务公司收购带来的更高收入 [27] 各个市场数据和关键指标变化 - 在马萨诸塞州,电力部门现代化计划(ESMP)获得批准,计划在当前预测期内增加6亿美元的分配投资 [30][14] - 在康涅狄格州,正在推进AMI(高级计量基础设施)项目,尽管面临一些监管挑战 [17][63] 公司战略和发展方向和行业竞争 - 公司已决定退出离岸风电开发业务,专注于受监管的电力和天然气业务,预计到2028年将投资近240亿美元于受监管的电力、天然气和水务业务 [8][10] - 公司计划通过2028年实现每股收益5%至7%的长期增长率,强调在清洁能源转型中的领导地位 [12][39] 管理层对经营环境和未来前景的评论 - 管理层对未来的清洁能源投资机会持乐观态度,认为公司在新英格兰地区的地位将有助于实现州政府的清洁能源目标 [12][20] - 管理层提到,尽管面临高利息支出和其他挑战,但公司仍在努力改善财务状况和现金流 [11][28] 其他重要信息 - 公司在与六个新英格兰州的合作中获得约9000万美元的联邦资金,用于支持清洁能源中心的建设 [13] - 公司计划在2025年第一季度开始建设位于剑桥的地下变电站,这是美国最大的地下变电站 [18][19] 问答环节所有提问和回答 问题: 关于Millstone的讨论 - 管理层表示,康涅狄格州、罗德岛和马萨诸塞州之间在清洁能源方面有良好的合作关系,所有州都在努力确保区域内的清洁能源供应 [41] 问题: 关于离岸风电的义务成本 - 管理层确认,离岸风电的损失已在本季度的财务报告中反映,未来的成本将与Ørsted和GIP共同承担 [44][52] 问题: 关于融资计划 - 管理层表示,未来将更新融资计划,并在第四季度的电话会议中提供更多信息 [46] 问题: 关于Aquarion的销售进展 - 管理层表示,Aquarion的资产受到广泛关注,预计将在2025年完成交易 [71] 问题: 关于AMI项目的监管问题 - 管理层强调,AMI项目的推进需要明确的监管成本回收路径,以便进行必要的投资 [63][66]
Eversource Energy Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-05 22:16
Eversource Energy (ES) reported third-quarter 2024 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 per share by 8.7%. The bottom line also increased 16.5% from the year-ago figure of 97 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total Revenues of ESRevenues of $3.06 billion beat the Zacks Consensus Estimate of $3.05 billion by 0.4%. Total revenues also increased 9.6% from the year-ago figure of $2.79 billion.Highlights of ES’ Ea ...
Eversource(ES) - 2024 Q3 - Earnings Call Presentation
2024-11-05 22:11
业绩总结 - Eversource Energy在2024年第三季度的非GAAP每股收益(EPS)为1.13美元,同比增长16%[13] - 2024年第三季度电力传输部门的每股收益为0.49美元,较2023年同期增长6.5%[13] - 2024年第三季度电力分配部门的每股收益为0.57美元,同比增长14%[13] - Eversource Energy在2024年第三季度水务分配部门的每股收益为0.07美元,同比增长40%[13] 未来展望 - Eversource Energy在2024年更新的非GAAP EPS指导范围为4.52至4.60美元,长期EPS增长目标为5%至7%[8] - Eversource Energy在2024年预计的已知现金流增强总额约为37.5亿美元[15] - Eversource Energy在2024年和2025年的FFO与债务比率目标为14%至15%[15] 资本支出与投资 - Eversource Energy的资本计划已增加至237亿美元,计划至2028年[8] - 2024年至2028年预计资本支出总额为237亿美元,其中包括ESMP投资6亿美元[21] - 2024年核心业务的预计资本支出为13.54亿美元[20] - 2023年核心业务的实际资本支出为12.44亿美元[20] - 2022年核心业务的实际资本支出为11.46亿美元[20] - 2021年核心业务的实际资本支出为11.66亿美元[20] 清洁能源与减排目标 - Eversource Energy在马萨诸塞州的清洁能源投资达到16亿美元,计划通过2028年完成[8] - 马萨诸塞州的近期目标为2030年达到50%[22] - 新罕布什尔州的近期目标为2025年达到50%[22] - 康涅狄格州的近期目标为2030年达到45%[22] - 长期目标为到2050年实现85%的减排[22] - 2050年实现净零排放的目标[22] 业务转型 - Eversource Energy在2024年完成了离岸风电业务的退出,转型为100%受监管的公用事业公司[8]
Eversource (ES) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-05 08:01
For the quarter ended September 2024, Eversource Energy (ES) reported revenue of $3.06 billion, up 9.7% over the same period last year. EPS came in at $1.13, compared to $0.97 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.05 billion, representing a surprise of +0.42%. The company delivered an EPS surprise of +8.65%, with the consensus EPS estimate being $1.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Eversource Energy (ES) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 07:31
Eversource Energy (ES) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.65%. A quarter ago, it was expected that this New England power provider would post earnings of $0.95 per share when it actually produced earnings of $0.95, delivering no surprise.Over the last four quarters, the ...
Eversource(ES) - 2024 Q3 - Quarterly Results
2024-11-05 05:21
经营业绩 - 公司2024年第三季度和前九个月的经营业绩情况[1][2][3][4][5][6][7][8] - 公司电力输电、电力配电、天然气配送和水务配送等各业务板块2024年第三季度和前九个月的经营业绩情况[5][6][7] 财务预测 - 公司2024年非GAAP经常性收益预测范围为每股4.52美元至4.60美元,较之前预测有所上调[3] - 公司2024年至2028年期间的资本投资计划从之前的231亿美元增加至237亿美元[3] 业务调整 - 公司已退出海上风电投资业务,未来将专注于受监管的公用事业业务[4] 风险因素 - 公司面临网络攻击或数据泄露等风险[14] - 公司能否获得投资税收抵免存在不确定性[14] - Revolution Wind和South Fork Wind离岸风电项目的成本和预期收益存在波动风险[14] - 资本市场的变化可能影响公司获取必要资金的难易程度和成本[14] - 经济状况的变化可能影响利率、税收政策和客户需求及支付能力[14] - 战争、恐怖袭击或电网故障可能会损坏公司的电力输电和天然气、水分配系统[14] - 地方、州和联邦监管机构、公共政策和税收机构的行为或不作为可能产生影响[14] - 第三方供应商和服务提供商的表现可能低于预期[14] - 天气模式的波动,包括由气候变化引起的极端天气[14] - 可能会对公司当前或未来业务模式产生影响的业务环境变化,如颠覆性技术或替代能源的发展[14]
Eversource Energy to Post Q3 Earnings: Here's What to Expect
ZACKS· 2024-10-31 21:50
Eversource Energy (ES) is scheduled to release third-quarter 2024 results on Nov. 4, after market close. The company’s earnings were in line with estimates in the last reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted ES' Q3 PerformanceThe bottom line is expected to have benefited from the completed sale of its 50% ownership share in the 924 ...
Eversource Energy (ES) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-28 23:06
Eversource Energy (ES) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 4, 2024, might help the stock move higher if these key numbers are bett ...
Eversource Energy: Time To Buy This Quality Dividend Grower Now
Seeking Alpha· 2024-10-25 19:00
As an analyst, I have had the pleasure of covering hundreds of solid dividend-paying stocks over the years. Even after all this time, though, I'm still periodically “discovering” more of them.Sign Up For A FREE 2-Week Trial Join iREIT® on Alpha today... for more in-depth research on REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. You'll get more articles throughout the week, and access to our Ratings Tracker with buy/sell recommendations on all the stocks we cover. Plus unlimited ...