Equity Profile

ES

Eversource Energy

UtilitiesElectric Utilities$27.2B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Eversource Energy (ES) is a major utility company that provides electricity and natural gas to customers in New England. As a key player in the electric utilities sector, it plays a vital role in delivering energy to millions of households and businesses, making it an essential part of the region's infrastructure.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

Not available

Revenue Growth

Revenue growth reflects the company's ability to increase sales and manage costs effectively, impacting overall performance.

Not available

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ES Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-17.61%

Avg Stock Reaction

-0.26%

Last Quarter Recap

In Q1-2026, Eversource reported an EPS of $1.61, slightly beating expectations of $1.59. However, the stock experienced a minor decline of 0.55% the following day, reflecting cautious investor sentiment.

Management Promises & Guidance

Management committed to maintaining reliable service amidst ongoing infrastructure upgrades.
They emphasized a focus on sustainable energy initiatives.
Plans to enhance customer engagement and satisfaction were highlighted.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Eversource's upcoming earnings, given its recent performance and commitments to sustainability.

Bull Case

If Eversource can demonstrate strong customer growth and effective cost management, it may lead to higher EPS and revenue, boosting investor confidence.

Bear Case

Conversely, if the company reports disappointing growth or faces regulatory challenges, it could lead to negative sentiment and a decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for this quarter, and how does it compare to previous quarters?

EPS is a key measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is Eversource addressing customer growth and satisfaction amid rising energy demands?

Understanding customer growth strategies is crucial for evaluating the company's future revenue potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Eversource's recent investments in renewable energy, which could drive higher customer retention and attract new customers.

Supporting Evidence

Recent infrastructure upgrades may not be fully reflected in current EPS estimates.

The company's focus on sustainability could resonate well with environmentally-conscious consumers, leading to increased demand.

Options pricing suggests a higher expected move, indicating that investors are anticipating significant news.

Key Risk

If customer growth exceeds expectations, it could significantly alter the market's perception of Eversource's future prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will indicate whether Eversource can sustain its growth trajectory amid industry challenges.

Bull Confirmed If

A reported EPS growth of over 5% compared to the previous quarter would confirm the bull case.

Bear Confirmed If

An EPS decline of more than 5% would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a potential move of about 4.2%, indicating that investors expect some volatility around the earnings report.

Options are pricing ±4.2% while ES has averaged ±0.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

21.5%

Calls (5K)P/C Ratio: 1.11Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Eversource beats expectations, history suggests a potential average one-day move of around +0.73%, confirming positive market sentiment.

In-Line / Cautious

If results are in line with expectations, management's commentary may drive a muted response, reflecting uncertainty.

Miss

Should the company miss expectations, history indicates an average one-day move of -0.33%, likely leading to negative market reactions.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on customer growth metrics and retention strategies.
2Details on the impact of renewable energy investments on profitability.
3Any commentary on regulatory challenges or opportunities.
4Insights into operational efficiencies and cost management efforts.
5Management's outlook on future energy demand and pricing.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

Not available

Revenue Growth

Revenue growth reflects the company's ability to increase sales and manage costs effectively, impacting overall performance.

Not available

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ES Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-17.61%

Avg Stock Reaction

-0.26%

Last Quarter Recap

Management Promises & Guidance

Management committed to maintaining reliable service amidst ongoing infrastructure upgrades.
They emphasized a focus on sustainable energy initiatives.
Plans to enhance customer engagement and satisfaction were highlighted.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Eversource's upcoming earnings, given its recent performance and commitments to sustainability.

Bull Case

If Eversource can demonstrate strong customer growth and effective cost management, it may lead to higher EPS and revenue, boosting investor confidence.

Bear Case

Conversely, if the company reports disappointing growth or faces regulatory challenges, it could lead to negative sentiment and a decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for this quarter, and how does it compare to previous quarters?

EPS is a key measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is Eversource addressing customer growth and satisfaction amid rising energy demands?

Understanding customer growth strategies is crucial for evaluating the company's future revenue potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Eversource's recent investments in renewable energy, which could drive higher customer retention and attract new customers.

Supporting Evidence

Recent infrastructure upgrades may not be fully reflected in current EPS estimates.

The company's focus on sustainability could resonate well with environmentally-conscious consumers, leading to increased demand.

Options pricing suggests a higher expected move, indicating that investors are anticipating significant news.

Key Risk

If customer growth exceeds expectations, it could significantly alter the market's perception of Eversource's future prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will indicate whether Eversource can sustain its growth trajectory amid industry challenges.

Bull Confirmed If

A reported EPS growth of over 5% compared to the previous quarter would confirm the bull case.

Bear Confirmed If

An EPS decline of more than 5% would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a potential move of about 4.2%, indicating that investors expect some volatility around the earnings report.

Options are pricing ±4.2% while ES has averaged ±0.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

21.5%

Calls (5K)P/C Ratio: 1.11Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Eversource beats expectations, history suggests a potential average one-day move of around +0.73%, confirming positive market sentiment.

In-Line / Cautious

If results are in line with expectations, management's commentary may drive a muted response, reflecting uncertainty.

Miss

Should the company miss expectations, history indicates an average one-day move of -0.33%, likely leading to negative market reactions.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on customer growth metrics and retention strategies.
2Details on the impact of renewable energy investments on profitability.
3Any commentary on regulatory challenges or opportunities.
4Insights into operational efficiencies and cost management efforts.
5Management's outlook on future energy demand and pricing.