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Eversource to Report Q3 Earnings: What to Expect From the Stock?
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Key Takeaways
Eversource Energy is set to report Q3 earnings Nov. 4, with EPS expected to decline 18.49% Y/Y.
ES revenues are expected to rise 5.98% to $3.41 billion on regulated growth and grid investments.
Cost controls and the Aquarion sale may help offset higher interest costs, taxes and share dilution.
Eversource Energy (ES - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, after market close. The company delivered a negative earnings surprise of 1.14% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Q3 Expectations for ES
The Zacks Consensus Estimate for earnings is pegged at 97 cents per share, indicating a year-over-year decrease of 18.49%.
The Zacks Consensus Estimate for revenues is pegged at $3.41 billion, implying a year-over-year improvement of 5.98%.
Factors Likely to Have Impacted ES’ Q3 Earnings
Eversource Energy's third-quarter earnings are likely to have benefited from its pure-play regulated utility operations following the completed sale of Aquarion Water Company. The divestiture has strengthened its balance sheet, improved operational focus and enabled greater investment in core electric and natural gas operations.
The company's cost-control measures are also expected to support third-quarter results. Its focus on efficient operations and disciplined capital allocation is likely to have helped manage expenses and strengthen financial performance.
Eversource Energy's strategic investments in electric transmission and distribution infrastructure are expected to have supported third-quarter earnings. These investments improve grid reliability, strengthen system resilience, address aging infrastructure, support growing electricity demand and contribute to rate base growth.
However, higher interest expenses, share dilution and an increased tax rate may have partially offset the positive factors supporting third-quarter performance.
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 -3.09%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
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.
Duke Energy (DUK - Free Report) is scheduled to report third-quarter results on Nov. 5 and is likely to have come up with an earnings beat. It has an Earnings ESP of +1.07% and a Zacks Rank #3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year increase of 3.31%.
Evergy (EVRG - Free Report) is scheduled to report third-quarter results 2026 on Nov. 5, and is likely to have come up with an earnings beat. It has an Earnings ESP of +2.90% and a Zacks Rank #2 at present.
EVRG’s long-term earnings growth rate is 9.07%. The Zacks Consensus Estimate for third-quarter EPS is pinned at $2.30, which implies a year-over-year increase of 13.30%.
PPL Corporation (PPL - Free Report) is set to report third-quarter 2026 results on Nov. 6 and is likely to have an earnings beat. It has an Earnings ESP of +0.38% and a Zacks Rank #2 at present.
PPL’s long-term earnings growth rate is 5.26%. The Zacks Consensus Estimate for third-quarter EPS is pinned at 53 cents, which implies a year-over-year increase of 10.42%.
View the Zacks #1 Rank List
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Eversource to Report Q3 Earnings: What to Expect From the Stock?
Key Takeaways
Eversource Energy (ES - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, after market close. The company delivered a negative earnings surprise of 1.14% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Q3 Expectations for ES
The Zacks Consensus Estimate for earnings is pegged at 97 cents per share, indicating a year-over-year decrease of 18.49%.
The Zacks Consensus Estimate for revenues is pegged at $3.41 billion, implying a year-over-year improvement of 5.98%.
Factors Likely to Have Impacted ES’ Q3 Earnings
Eversource Energy's third-quarter earnings are likely to have benefited from its pure-play regulated utility operations following the completed sale of Aquarion Water Company. The divestiture has strengthened its balance sheet, improved operational focus and enabled greater investment in core electric and natural gas operations.
The company's cost-control measures are also expected to support third-quarter results. Its focus on efficient operations and disciplined capital allocation is likely to have helped manage expenses and strengthen financial performance.
Eversource Energy's strategic investments in electric transmission and distribution infrastructure are expected to have supported third-quarter earnings. These investments improve grid reliability, strengthen system resilience, address aging infrastructure, support growing electricity demand and contribute to rate base growth.
However, higher interest expenses, share dilution and an increased tax rate may have partially offset the positive factors supporting third-quarter performance.
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 -3.09%. 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-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.
Duke Energy (DUK - Free Report) is scheduled to report third-quarter results on Nov. 5 and is likely to have come up with an earnings beat. It has an Earnings ESP of +1.07% and a Zacks Rank #3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year increase of 3.31%.
Evergy (EVRG - Free Report) is scheduled to report third-quarter results 2026 on Nov. 5, and is likely to have come up with an earnings beat. It has an Earnings ESP of +2.90% and a Zacks Rank #2 at present.
EVRG’s long-term earnings growth rate is 9.07%. The Zacks Consensus Estimate for third-quarter EPS is pinned at $2.30, which implies a year-over-year increase of 13.30%.
PPL Corporation (PPL - Free Report) is set to report third-quarter 2026 results on Nov. 6 and is likely to have an earnings beat. It has an Earnings ESP of +0.38% and a Zacks Rank #2 at present.
PPL’s long-term earnings growth rate is 5.26%. The Zacks Consensus Estimate for third-quarter EPS is pinned at 53 cents, which implies a year-over-year increase of 10.42%.