en.Wedoany.com Reported - Utility holding company Eversource Energy (ES) is expected to report its fiscal 2026 second-quarter earnings soon. Headquartered in Springfield, Massachusetts, with a market capitalization of $27.8 billion, the company provides electricity services to customers in Connecticut, New Hampshire, and western Massachusetts, and distributes natural gas across Connecticut.

Market expectations for the quarter place ES's diluted earnings per share at $0.94, a 2.1% decline from $0.96 in the same period last year. Over the past four quarters, the company has consistently exceeded Wall Street's earnings per share estimates. On a full-year basis, analysts project ES's earnings per share at $4.65, down 2.3% from $4.76 in fiscal 2025; while the fiscal 2027 earnings per share estimate stands at $4.97, representing a 6.9% year-over-year increase.

Over the past 52 weeks, ES shares have risen 14.3%, underperforming the S&P 500 index ($SPX), which gained 20.2% over the same period, but outperforming the State Street Utilities Select Sector SPDR Fund (XLU), which returned 11.8%.

On May 6, ES shares closed slightly lower after reporting first-quarter results. Its adjusted earnings per share came in at $1.73, exceeding Wall Street's expectation of $1.59; the company's revenue was $4.5 billion, above the Wall Street forecast of $4.2 billion. ES expects full-year adjusted earnings per share to be between $4.57 and $4.72. Analysts have a consensus rating of "Hold" on the stock. Among the 16 analysts covering the stock, four recommend "Strong Buy," nine give "Hold," one suggests "Moderate Sell," and two advocate "Strong Sell." ES currently trades above its average price target of $73.58, with the highest Wall Street target of $85 indicating a 15.2% upside potential.