Eversource Energy transmits and delivers electricity and natural gas to electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. The company was founded in 1927 and is based in Springfield, Massachusetts.
Looking at Q3, Eversource Energy (NYSE:ES) earned $561.23 million, a 29.42% increase from the preceding quarter. Eversource Energy also posted a total of $2.34 billion in sales, a 20.02% increase since Q2. Eversource Energy earned $433.65 million, and sales totaled $1.95 billion in Q2.Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, Eversource Energy posted an ROCE of 0.04%.Keep in mind, while ROCE is a good measure of a company's recent performance, it i...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 817 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th, 2020. […]
While Eversource Energy may not have generated much love from Connecticut residents in the aftermath of Tropical Storm Isaias in August, the utility is receiving praise from Newsweek magazine for its commitment to corporate social responsibility.
Eversource Suspending CT Power Shutoffs Amid Coronavirus Spike - Across Connecticut, CT - Eversource Energy will not be shutting off anyone's power as a coronavirus spike extends into Connecticut's cold weather months.