Earnings release
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EVERSOURCE News Release ENERGY 56 Prospect St. , Hartford , Connecticut 06103-2818 800 Boylston St. , Boston , Massachusetts 02199 Eversource Energy Reports Third Quarter Results ( HARTFORD , Conn . and BOSTON , Mass . - November 2 , 2021 ) Eversource Energy ( NYSE : ES ) today reported earnings of $ 283.2 million , or $ 0.82 per share , in the third quarter of 2021 , compared with earnings of $ 346.3 million , or $ 1.01 per share , in the third quarter of 2020. In the first nine months of 2021 , Eversource Energy earnings totaled $ 913.8 million , or $ 2.65 per share , compared with earnings of $ 933.2 million , or $ 2.76 per share , in the first nine months of 2020 . Results for both years include acquisition - related charges primarily related to the October 2020 acquisition of the assets of Columbia Gas of Massachusetts . Those after - tax charges totaled $ 4.3 million in the third quarter of 2021 and $ 17.3 million in the first nine months of 2021 , compared with charges of $ 5.3 million in the third quarter of 2020 and $ 12.8 million in the first nine months of 2020 . Additionally , first and third quarter 2021 results include after - tax charges related to the settlement of multiple regulatory dockets concerning Eversource's subsidiary , The Connecticut Light and Power Company ( CL & P ) . Those after - tax charges totaled $ 63.2 million in the third quarter of 2021 and $ 85.8 million through the first nine months of 2021. Excluding the acquisition and settlement charges noted above , Eversource earned $ 350.7 million¹ , or $ 1.02 per share¹ , in the third quarter of 2021 and $ 1,016.9 million¹ , or $ 2.95 per share¹ , in the first nine months of 2021 . Eversource Energy today reaffirmed its previously disclosed 2021 earnings per share ( EPS ) projection of $ 3.81 to $ 3.93 per share . That range excludes all of the charges noted above . Eversource Energy also today reaffirmed its long - term EPS growth rate from its existing regulated businesses in the upper half of 5-7 percent , using the $ 3.64 per share¹ earned in 2020 as a base . Electric Transmission " Eversource's 9,300 dedicated employees continue to rise to the challenges of the ongoing pandemic , economic uncertainty and damaging storms – including an incredible response to last week's Nor'easter that brought destructive , hurricane - force winds to Southeastern Massachusetts , " said Joe Nolan , Eversource President and Chief Executive Officer . " We have resolved some significant regulatory uncertainties , made considerable progress with our partner Ørsted on siting more than 1,750 megawatts of offshore wind , and solidified our standing as one of the nation's most sustainable utilities . " Eversource Energy's transmission segment earned $ 139.4 million in the third quarter of 2021 and $ 412.4 million in the first nine months of 2021 , compared with earnings of $ 125.6 million in the third quarter of 2020 and $ 381.8 million in the first nine months of 2020. Transmission segment results improved due to a higher level of investment in Eversource's electric transmission system .