Eversource Energy
ES: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$44.00 | Glwyy | Zljrfbyk |
Eversource Earnings: As Offshore Wind Deal Nears End, Focus Shifts to Core Business
We are reaffirming our $74 per share fair value estimate for Eversource after the company announced it earned $0.97 per share on an adjusted basis during the third quarter of 2023, down from $1.01 during the third quarter of 2022. We are reaffirming our no-moat rating for Eversource.