NSTAR Electric Company PFD 4.25% (NSARP) 8-KEversource Energy Reports First Quarter 2024 Results

Filed: 1 May 24, 5:13pm

Exhibit 99.2

EVERSOURCE ENERGY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	For the Three
	Months Ended
	March 31,
(Thousands of Dollars, Except Share Information)	2024			2023
Operating Revenues	$	3,332,575		$	3,795,643

Operating Expenses:
Purchased Power, Purchased Natural Gas and Transmission		1,235,956			1,903,246
Operations and Maintenance		462,964			454,562
Depreciation		339,914			312,955
Amortization		(2,325	)		(76,059	)
Energy Efficiency Programs		213,479			222,952
Taxes Other Than Income Taxes		236,614			228,414
Total Operating Expenses		2,486,602			3,046,070
Operating Income		845,973			749,573
Interest Expense		250,749			194,543
Other Income, Net		91,030			88,981
Income Before Income Tax Expense		686,254			644,011
Income Tax Expense		162,526			150,972
Net Income		523,728			493,039
Net Income Attributable to Noncontrolling Interests		1,880			1,880
Net Income Attributable to Common Shareholders	$	521,848		$	491,159

Basic and Diluted Earnings Per Common Share	$	1.49		$	1.41
Weighted Average Common Shares Outstanding:
Basic		350,717,114			349,217,147
Diluted		350,997,220			349,612,013

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

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