Earnings Forecast Research on Eversource Energy (ES)

Eversource Energy has received $0.74 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.73 while the top line estimate is $0.76 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 23.67%.

Eversource Energy reported better than expected with a surprise EPS of 3.75% or $0.03 during its most recent quarterly earnings. The Actual EPS was $0.83 compared to the Estimated EPS of $0.8.

Eversource Energy has a Price to Earnings ratio of 19.17 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.62. For the Most Recent Fiscal Year, Eversource Energy has a price to cash ratio of 10.91. For the Trailing twelve month period, company showed a Net Profit Margin of 11.85% and Return on Equity of the stock is 8.61%.

In the last quarter, Eversource Energy reported Annual Earnings of $0.83. Based on the filings, last years Annual Earnings was, $2.81. In the last Quarter, ES reported a surprise Earnings per Share of 3.75% . The consensus estimate for current quarter is $0.74 and for the current fiscal year, the estimate is $2.99. For the Next fiscal year, the estimate is $3.18 based on the consensus.

Eversource Energy (NYSE:ES) : On Tuesday heightened volatility was witnessed in Eversource Energy (NYSE:ES) which led to swings in the share price. The stock opened for trading at $54.42 and hit $55.39 on the upside , eventually ending the session at $55.32, with a gain of 1.64% or 0.89 points. The heightened volatility saw the trading volume jump to 1,572,023 shares. The 52-week high of the share price is $60.44 and the company has a market cap of $17,530 million. The 52-week low of the share price is at $50.56 .

Eversource Energy is engaged in transmission and distribution of electricity and natural gas. The company operates primarily in Connecticut, Massachusetts and New Hampshire. Eversource Energy, formerly known as Northeast Utilities, is based in Springfield, Massachusetts.


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