Eversource Energy (NYSE:ES) updated its FY 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $3.40-3.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.46.
Shares of NYSE ES traded down $0.67 during midday trading on Wednesday, reaching $75.86. The company’s stock had a trading volume of 1,868,293 shares, compared to its average volume of 1,702,881. Eversource Energy has a 12-month low of $59.30 and a 12-month high of $78.53. The firm has a 50 day moving average price of $76.81. The firm has a market cap of $24.19 billion, a PE ratio of 23.13, a P/E/G ratio of 3.95 and a beta of 0.26. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.50 and a quick ratio of 0.44.
Eversource Energy (NYSE:ES) last posted its quarterly earnings data on Wednesday, May 1st. The utilities provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.91 by $0.06. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.26 billion. Eversource Energy had a return on equity of 9.43% and a net margin of 12.50%. Eversource Energy’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 earnings per share. On average, equities analysts anticipate that Eversource Energy will post 3.44 EPS for the current fiscal year.
In other Eversource Energy news, EVP Leon J. Olivier sold 7,000 shares of Eversource Energy stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $72.95, for a total value of $510,650.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.37% of the stock is currently owned by insiders.
Eversource Energy Company Profile
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates in four segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. It is involved in the transmission and distribution of electricity; and distribution of natural gas.
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