Eversource Energy Reports Q1 2025 Earnings Surge: Transmission Segment Up by $22.7M, Distribution by $20.3M

Reuters
05-02
<a href="https://laohu8.com/S/ES">Eversource Energy</a> Reports Q1 2025 Earnings Surge: Transmission Segment Up by $22.7M, Distribution by $20.<a href="https://laohu8.com/S/MMM">3M</a>

Eversource Energy reported its financial results for the first quarter of 2025, highlighting significant improvements in its business segments. The electric transmission segment earned $199.4 million, up from $176.7 million in the same period of 2024, reflecting a $22.7 million increase. This growth was primarily attributed to continued investment in Eversource's electric transmission system. The electric distribution segment also showed positive results, with earnings of $188.4 million compared to $168.1 million in the first quarter of 2024. This $20.3 million increase was mainly due to higher revenues from base distribution rate increases in Eversource's New Hampshire and Massachusetts electric businesses. In terms of overall performance, Eversource Energy reported a GAAP EPS of $1.50 for the first quarter of 2025. The company continues to focus on implementing innovative technology solutions, such as the smart meter project in Massachusetts, which is expected to provide clear benefits for customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eversource Energy published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-043530), on May 01, 2025, and is solely responsible for the information contained therein.

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