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Eversource Energy Reveals Increase In Q2 Profit

Eversource Energy (ES) revealed a profit for its second quarter that climbed from last year.

The company's profit came in at $242.8 million, or $0.76 per share. This compares with $230.7 million, or $0.72 per share, in last year's second quarter.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.1% to $1.85 billion from $1.76 billion last year.

Eversource Energy earnings at a glance:

-Earnings (Q2): $242.8 Mln. vs. $230.7 Mln. last year.
-EPS (Q2): $0.76 vs. $0.72 last year.
-Analysts Estimate: $0.75
-Revenue (Q2): $1.85 Bln vs. $1.76 Bln last year.

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