Eversource Energy (ES) Q3 2022 Earnings Call Transcript

Eversource Energy (NYSE:ES) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET

Company Participants

Jeffrey Kotkin - VP, IR

Joseph Nolan - President, CEO & Trustee

John Moreira - Treasurer & CFO

Conference Call Participants

Shahriar Pourreza - Guggenheim Securities

David Arcaro - Morgan Stanley

Steven Fleishman - Wolfe Research

Durgesh Chopra - Evercore ISI

Paul Zimbardo - Bank of America Merrill Lynch

Nicholas Campanella - Crédit Suisse

Insoo Kim - Goldman Sachs

Ross Fowler - UBS

Paul Patterson - Glenrock Associates

Travis Miller - Morningstar

Operator

Good morning, and welcome to today's Eversource Energy Third Quarter 2022 Earnings Conference Call. My name is Candice, and I will be your moderator for today's call. [Operator Instructions].

I would now like to pass the conference over to our host, Jeff Kotkin. Vice President of Investor Relations, to begin.

Jeffrey Kotkin

Thank you, Candy. Good morning, and thank you for joining us. During this call, we'll be referencing slides that we posted yesterday on our website. And as you can see on Slide 1, some of the statements made during this investor call may be forward-looking as defined within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and are subject to risk and uncertainty, which may cause the actual results to differ materially from forecasts and projections. These factors are set forth in the news release issued yesterday afternoon.

Additional information about the various factors that may cause actual results to differ can be found in our annual report on Form 10-K for the year ended December 31, 2021, and our Form 10-Q for the 3 months ended June 30, 2022. Additionally, our explanation of how and why we use certain non-GAAP measures and how those measures reconcile to GAAP results is contained within our news release and the slides we posted last night and in our most recent 10-K and 10-Q.

Speaking today will be Joe Nolan, our President and Chief Executive Officer; and John Moreira, our Executive Vice President and CFO. Also joining us today is our new Director of Investor Relations, Bob Becker.

Now I will turn to Slide 2, and turn over the call to Joe.

Joseph Nolan

Thank you, Jeff, and thank you, everyone, for joining us on this call this morning. I will provide you updates on the energy supply challenges facing New England this winter and the strategic review of offshore wind investments.