Eversource Energy Q1: Storm Recovery, ROE Cut

Eversource Energy kicked off 2026 with strong first quarter earnings, posting a 14% increase in non-GAAP earnings per share. They excelled during Februarys noreaster, restoring power to over 500,000 customers quickly. However, a Federal Energy Regulatory Commission decision cut their New England transmission return on equity, triggering a $44 million charge. Despite this, Eversource emphasizes their grid upgrades have saved billions and are pushing for a higher ROE. Theyre also focusing on long-term growth, aiming for 5-7% growth off the new guidance midpoint. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0ea204cea6397720