Eversource Energy ($ES) Q3 2025 Earnings Call
ES - Earnings call Q3 2025.
President, CEO & Chairman, Eversource
Search every verified Joseph Nolan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Joseph Nolan, president, CEO and chairman of Eversource Energy, reported on the company's 2025 financial results during a February 2026 earnings call, stating that the company delivered non-GAAP earnings per share of $4.76 and paid dividends of $3.01 per share, a 5.2% increase. He said strengthening the balance sheet was a top priority and that the company improved its FFO-to-debt ratio by more than 400 basis points over the 12 months ending September 30. Nolan also outlined a new five-year capital investment plan of $26.5 billion, a $2.3 billion increase from the prior plan, with the majority directed at electric and natural gas distribution infrastructure. Nolan noted that in Massachusetts, the company worked with Governor Healey's administration to implement a rate relief plan providing customer discounts in February and March during peak winter usage. He described the plan as a constructive step for affordability. Nolan said the company is reviewing financing alternatives, including junior subordinated notes, minority interest sales, or similar capital-structured transactions, and expects a decision from the Federal Energy Regulatory Commission regarding storm prudency that could allow securitization proceeds of up to $1.5 billion. He stated that the combination of strategic execution and operational excellence positions Eversource to achieve earnings growth toward the upper half of its 5 to 7% long-term EPS range by 2028.
“We are well on our way to delivering against these initiatives and ending the year on a strong note. Our strong results have also greatly improved our standing among our peers. On a year-to-date basis, our share price has been a top performer among the EEI peer group.”
“This will enable us to better serve the needs of our customers in this state and to do so with a strong focus on safety, reliability, and affordability. Critical needs exist for state and regional infrastructure investments to maintain a strong, reliable, and resilient grid that can accommodate new sources of generatio...”
“We are seeing robust load growth driven primarily by electrification of transportation and heating, decarbonization initiatives from both the public and private sectors, and economic expansion across manufacturing and commercial sectors. These factors help to ensure that our growth is broad-based, durable, and aligned...”
“We are working closely with our regulators to offer our customers various options to address affordability as shown on slide seven. We collaborate with large and small customers to design rate structures that incent efficiency. For example, earlier this year, we worked constructively with our regulators in Massachusett...”
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CT Valley Views - Joe Nolan, Chairman, President & CEO Eversource Energy.
Eversource CEO Joe Nolan joins 'The Exchange' to discuss the challenges for natural gas supply as we head toward winter. Last month, Nolan wrote a letter to President Joe Biden urging for energy assistance. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online…
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