SPRINGFIELD, Mass. (AP) — SPRINGFIELD, Mass. (AP) — Eversource Energy (ES) on Monday reported a loss of $118.1 million in its third quarter.
The Springfield, Massachusetts-based company said it had a loss of 33 cents per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The New England power provider posted revenue of $3.06 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $3.05 billion.
Eversource expects full-year earnings in the range of $4.52 to $4.60 per share.
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