Equity Profile

ES

Eversource Energy

UtilitiesElectric Utilities$28.2B

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. With a market cap of $28 billion, it plays a crucial role in the energy sector, especially as demand for reliable and sustainable energy sources continues to grow.

Key Metrics to Watch

Earnings Per Share (EPS)

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

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for long-term success.

N/A

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. However, the stock experienced a minor decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Eversource's upcoming earnings report, especially given its recent performance. However, uncertainty remains due to the lack of analyst estimates.

Bull Case

If Eversource can deliver strong EPS and revenue growth, it may signal robust demand for its services and improved operational efficiency.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to further stock declines, especially given recent mixed results.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

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

How is Eversource managing operational costs amid rising energy prices?

Understanding cost management strategies will be crucial for assessing the company's ability to maintain margins and profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Eversource's ability to manage costs effectively, especially in a challenging energy market.

Supporting Evidence

Eversource has a history of beating EPS estimates, suggesting potential for positive surprises.

The options market indicates a higher expected move, which could reflect investor sentiment about upcoming volatility.

Key Risk

If operational costs are managed effectively and EPS exceeds $1.65, it could challenge current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Eversource can sustain its profitability amid rising operational costs and changing energy demands.

Bull Confirmed If

An EPS of $1.65 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.55 would raise concerns about profitability and operational efficiency.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate 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 the stock could rise by around 0.73%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see little movement as investors digest the information.

Miss

A miss could lead to a decline of about 0.33%, reflecting disappointment in the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies in response to rising energy prices.
2Details on customer growth and demand for services in New England.
3Insights into regulatory changes that could impact operations.
4Management's outlook on future energy trends and investments in sustainability.
5Any commentary on infrastructure improvements and their impact on service reliability.

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Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

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

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for long-term success.

N/A

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. However, the stock experienced a minor decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Eversource's upcoming earnings report, especially given its recent performance. However, uncertainty remains due to the lack of analyst estimates.

Bull Case

If Eversource can deliver strong EPS and revenue growth, it may signal robust demand for its services and improved operational efficiency.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to further stock declines, especially given recent mixed results.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

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

How is Eversource managing operational costs amid rising energy prices?

Understanding cost management strategies will be crucial for assessing the company's ability to maintain margins and profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Eversource's ability to manage costs effectively, especially in a challenging energy market.

Supporting Evidence

Eversource has a history of beating EPS estimates, suggesting potential for positive surprises.

The options market indicates a higher expected move, which could reflect investor sentiment about upcoming volatility.

Key Risk

If operational costs are managed effectively and EPS exceeds $1.65, it could challenge current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Eversource can sustain its profitability amid rising operational costs and changing energy demands.

Bull Confirmed If

An EPS of $1.65 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.55 would raise concerns about profitability and operational efficiency.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate 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 the stock could rise by around 0.73%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see little movement as investors digest the information.

Miss

A miss could lead to a decline of about 0.33%, reflecting disappointment in the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies in response to rising energy prices.
2Details on customer growth and demand for services in New England.
3Insights into regulatory changes that could impact operations.
4Management's outlook on future energy trends and investments in sustainability.
5Any commentary on infrastructure improvements and their impact on service reliability.