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Eversource to Report Q2 Earnings: What to Expect From the Stock?

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Key Takeaways

  • Eversource is expected to post Q2 EPS of 88 cents, down 8.33%, on revenues of $3.14 billion.
  • Grid upgrades, regulated operations, rate increases and rising electricity demand may support results.
  • Higher interest costs, share dilution and taxes may offset gains, despite the $1.7 billion Aquarion sale.

Eversource Energy (ES - Free Report) is scheduled to release second-quarter 2026 results on July 30, after market close. The company delivered an earnings surprise of 8.81% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Q2 Expectations for ES

The Zacks Consensus Estimate for earnings is pegged at 88 cents per share, indicating a year-over-year decrease of 8.33%.

The Zacks Consensus Estimate for revenues is pinned at $3.14 billion, implying a year-over-year improvement of 10.74%.

Factors Likely to Have Impacted ES’ Q2 Earnings

Eversource Energy's second-quarter earnings are likely to have benefited from its continued investments in grid modernization, transmission and distribution upgrades, and asset replacement. 
These investments are expected to have enhanced system reliability by reducing outages, supporting rising electricity demand and renewable energy integration, and contributing positively to quarterly performance.

The company's second-quarter earnings are likely to have benefited from its pure-play regulated utility operations, previously approved rate increases and growing electricity demand. On June 30, 2026, ES completed the sale of Aquarion Water Company, generating nearly $1.7 billion. Ongoing cost discipline is also expected to provide additional support to second-quarter results.

However, increased interest expenses, share dilution and higher tax rate may have tempered some of the positive drivers during the to-be-reported quarter.

What Our Quantitative Model Predicts for ES

Our proven model does not predict an earnings beat for Eversource Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Earnings ESP: The company’s Earnings ESP is -1.08%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Currently, Eversource Energy has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank stocks here.

Eversource Energy Price and EPS Surprise

Eversource Energy Price and EPS Surprise

Eversource Energy price-eps-surprise | Eversource Energy Quote

Stocks to Consider

Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.

Ameren (AEE - Free Report) is set to report second-quarter results on July 31 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.19% and a Zacks Rank #2 at present.

AEE’s long-term (three to five years) earnings growth rate is 7.68%. The Zacks Consensus Estimate for second-quarter EPS is pinned at $1.08, which implies a year-over-year increase of 6.93%.

Duke Energy (DUK - Free Report) is scheduled to report second-quarter results on Aug. 4 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.16% and a Zacks Rank #3 at present.

DUK’s long-term earnings growth rate is 6.76%. The Zacks Consensus Estimate for earnings is pegged at $1.29 per share, which suggests a year-over-year increase of 3.20%.

Pinnacle West Capital (PNW - Free Report) is set to report second-quarter results on Aug. 4 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.95% and a Zacks Rank #2 at present.

PNW’s long-term earnings growth rate is 5.81%. The Zacks Consensus Estimate for second-quarter EPS is pinned at $1.49, which implies a year-over-year decrease of 5.70%.

 

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