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Eversource Energy Earnings Climb In Q1

Eversource Energy (ES) revealed a profit for its first quarter that advanced from the same period last year.

The company's profit totaled $334.75 million, or $1.01 per share. This compares with $308.68 million, or $0.97 per share, in last year's first quarter.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.1% to $2.37 billion from $2.42 billion last year.

Eversource Energy earnings at a glance:

-Earnings (Q1): $334.75 Mln. vs. $308.68 Mln. last year.
-EPS (Q1): $1.01 vs. $0.97 last year.
-Analysts Estimate: $1.01
-Revenue (Q1): $2.37 Bln vs. $2.42 Bln last year.

Full year EPS guidance: $3.60 to $3.70

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