The first-quarter results for Eversource Energy (NYSE:ES) were released last week, making it a good time to revisit its performance. Results overall were respectable, with statutory earnings of US$1.50 per share roughly in line with what the analysts had forecast. Revenues of US$4.1b came in 9.2% ahead of analyst predictions. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

We've discovered 4 warning signs about Eversource Energy. View them for free.NYSE:ES Earnings and Revenue Growth May 4th 2025

Taking into account the latest results, the consensus forecast from Eversource Energy's 14 analysts is for revenues of US$13.8b in 2025. This reflects a solid 9.0% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 107% to US$4.74. In the lead-up to this report, the analysts had been modelling revenues of US$13.2b and earnings per share (EPS) of US$4.73 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.

Check out our latest analysis for Eversource Energy

Even though revenue forecasts increased, there was no change to the consensus price target of US$68.97, suggesting the analysts are focused on earnings as the driver of value creation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Eversource Energy at US$85.00 per share, while the most bearish prices it at US$47.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Eversource Energy's growth to accelerate, with the forecast 12% annualised growth to the end of 2025 ranking favourably alongside historical growth of 7.8% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 4.9% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Eversource Energy is expected to grow much faster than its industry.

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The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at US$68.97, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Eversource Energy going out to 2027, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 4 warning signs for Eversource Energy (2 are a bit concerning!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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