Eversource Q1 net income rises to $521.8 million; 2024 EPS outlook reaffirmed
Eversource reported first-quarter 2024 earnings of $521.8 million, or $1.49 per share, up from $491.2 million, or $1.41 per share, a year earlier, while operating revenues fell to $3.33 billion from $3.80 billion. The company reaffirmed its 2024 non-GAAP earnings projection of $4.50 to $4.67 per share and declared a quarterly dividend of $0.715 per share.
Key points
- Q1 2024 earnings were $521.8 million, or $1.49 per share, compared with $491.2 million, or $1.41 per share, in Q1 2023.
- Operating revenues were $3.33 billion in Q1 2024, down from $3.80 billion in Q1 2023.
- The 2024 non-GAAP earnings projection of $4.50 to $4.67 per share was reaffirmed, and the dividend of $0.715 per share is payable June 28, 2024.
- At the May 1, 2024 annual meeting, shareholders elected all nine trustees and approved a shareholder proposal titled "Simple Majority Vote" by 265,925,082 votes for to 11,998,641 against.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.