Eversource Energy (ES) CEO Joe Nolan on Q1 2022 Results - Earnings Call Transcript

Eversource Energy (NYSE:ES) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET

Company Participants

Joe Nolan – President and Chief Executive Officer

Jeffery Kotkin – Vice President Investor Relations

Philip J. Lembo – Chief Financial Officer

John Moreira – Chief Financial Officer

Conference Call Participants

Shar Pourreza – Guggenheim

Steve Fleishman – Wolfe

Nick Campanella – Credit Suisse

Angie Storozynski – Seaport

Durgesh Chopra – Evercore

Ryan Karnish – JP Morgan

Insoo Kim – Goldman Sachs

David Arcaro – Morgan Stanley

Andrew Weisel – Scotia

Julien Dumoulin Smith – Bank of America

Ryan Levine – City

Sophie Karp – Keybanc

Paul Patterson – Glenrock

Travis Miller – Morningstar

Operator

Good morning, ladies and gentlemen. Thank you for joining and being present at the Eversource Energy First Quarter 2022 Earnings Call. My name is Irene and I will be coordinating today's call. [Operator Instructions] I will now hand over to your host, Jeffrey Kotkin, Vice President for Investor Relations to begin. Jeffrey, please go ahead.

Jeffrey Kotkin

Thank you, Irene. And good morning, and thank you all for joining us today. I'm Jeff Kotkin, Eversource Energy's Vice President for Investor Relations. 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 forecasts are -- and 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. 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, Phil Lembo, our Senior Strategic Advisor and outgoing CFO, and John Moreira, our Treasurer and incoming CFO. Also joining us today is Jay Buth, our VP and Controller. Now, I will turn to Slide 2 and turn over the call to Joe.