Northeast Utilities Reaffirms FY 2009 EPS Guidance; Issues FY 2010 EPS Guidance In Line With Analysts' Estimates
November 2, 2009 |
| Northeast Utilities reaffirmed its fiscal 2009 earnings per share (EPS) guidance to be in the range of $1.80-$1.90. For fiscal 2010, it expects EPS to be in the range of $1.80-$2.00. According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.84 for fiscal 2009, EPS of $1.99 for fiscal 2010. |
Northeast Utilities Declares Common Dividend
October 13, 2009 |
| Northeast Utilities announced that its Board of Trustees has declared a quarterly dividend of $0.2375 per share, payable on December 31, 2009, to shareholders of record as of the close of business on December 1, 2009. |
Northeast Utilities Lowers High End Of Prior FY 2009 EPS Guidance To A Range In Line With Analysts' Estimates
August 4, 2009 |
| Northeast Utilities narrowed its projected fiscal 2009 consolidated earnings guidance to between $1.80 per share and $1.90 per share (EPS). The new range is consistent with the Company's previous guidance of the lower end of a range of between $1.80 per share and $2.00 per share. According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.82 for the same period. |
Northeast Utilities Reaffirms FY 2009 EPS Guidance
April 29, 2009 |
| Northeast Utilities affirmed fiscal 2009 consolidated earnings guidance of between $1.80 share and $2.00 per share, and said it will likely earn toward the lower end of that range primarily due to the earlier timing and greater than anticipated size of its equity issuance. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.86 for the same period. |
Northeast Utilities Announces Exercise Of Over-Allotment Option
March 18, 2009 |
| Northeast Utilities announced that the underwriters of its public offering exercised their over-allotment option to purchase an additional 2,475,000 common shares. The option was granted in connection with the Company's public offering of 16,500,000 common shares, which priced on March 16, 2009, at an offering price of $20.20 per share. The Company expects net proceeds from the offering to be approximately $370.5 million. This amount includes the exercise of the over-allotment option and deduction of underwriting discounts, commissions and estimated offering expenses. |
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