After falling below Wall Street expectations last quarter, Northeast Utilities (NU) will report its latest results on Thursday.

Expectations

Analysts currently expect Northeast Utilities to come in with earnings of 45 cents per share on revenues of $1.5 billion. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 47 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $2.62 per share between May 30, 2012 and June 19, 2012.

Company Fundamental Trends

In terms of revenue, the company hopes that this earnings announcement will help it rebound from streak of four straight quarters of decreases. Revenue fell 5.8% over the second quarter of the last fiscal year, 10.3% in third quarter of the last fiscal year and 11.3% in the fourth quarter of the last fiscal year and continued to drop first quarter. The company is hoping to use this earnings announcement to get back into the black after experiencing income drops the past three quarters. Net income fell 10.5% in the third quarter of the last fiscal year, by 12.4% in the fourth quarter of the last fiscal year and again in the first quarter. Stock Ratings

Analysts are bullish on the stock as 10 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 13% to $99.3 million (56 cents a share) from $114.2 million (64 cents a share) the year earlier, missing analyst expectations. Revenue fell 11% to $1.1 billion from $1.24 billion.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012

EPS: 45 cents

Revenue Estimate: $1.5 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)