Eversource Energy (ES), a public utility holding company with a market cap of $21.6 billion, operates in the energy delivery sector, engaging in the transmission and distribution of electricity, natural gas, and water. The Springfield, Massachusetts-based company is expected to announce its fiscal Q2 earnings results after the market closes on Wednesday, Jul. 31.
Ahead of the event, analysts expect ES to report a profit of $0.98 per share, down 2% from $1.00 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. In the most recent quarter, the company reported an EPS of $1.49, exceeding estimates by a 2.8% margin.
