Eversource Energy Reports Q2 2026 Results, Affirms Guidance Amid Sale of Aquarion Water
Eversource Energy (NYSE:ES) reported second-quarter GAAP earnings of $0.14 per share for Q2 2026, a significant decline from $0.96 in the same period last year due to charges related to the completed sale of Aquarion Water and higher offshore wind liabilities. Recurring earnings were $0.87 per share compared with $0.96 in Q2 2025, primarily impacted by weaker performance in electric transmission and gas distribution. The company reaffirmed its full-year adjusted EPS guidance range of $4.57 to $4.72 and maintained a long-term growth target of 5%–7%. Eversource completed the sale of Aquarion Water for $1.7 billion, with proceeds intended to reduce parent-company debt. The quarter also included charges tied to increased liabilities related to its Revolution Wind project. Eversource remains on track for commercial operation at Revolution Wind later in 2026 and is pursuing major regulated investments such as a potential $2.2 billion New England transmission initiative.
Tickers: $ES