Business Context and Reporting Period
This Form 8-K is filed by Northeast Utilities (NU) and its subsidiaries: The Connecticut Light and Power Company, Public Service Company of New Hampshire, and Western Massachusetts Electric Company. The report covers unaudited results of operations for the third quarter and the first nine months ended September 30, 2011, announced on November 4, 2011.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached news release (Exhibit 99.1) and financial report (Exhibit 99.2), which are incorporated by reference but not detailed in the body of this 8-K.
Material Changes
The filing does not explicitly detail material changes versus prior periods within the text. It serves as a notification that the unaudited results for the specified periods have been issued and are available in the referenced exhibits.
Guidance, Outlook, and Management Commentary
- Conference Presentation: Northeast Utilities is scheduled to participate in the Edison Electric Institute Financial Conference on November 7, 2011.
- Joint Presentation: NU will deliver a joint presentation with NSTAR. The presentation slides are attached as Exhibit 99.3.
- Disclosure Status: The information in this filing, including the exhibits, is not deemed "filed" with the SEC for purposes of registration statements unless specified otherwise.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific Q3 and YTD 2011 financial results.
- Examine Exhibit 99.2 for detailed financial statements for the three and nine-month periods ended September 30, 2011.
- Analyze Exhibit 99.3 for management's outlook and commentary presented at the Edison Electric Institute Financial Conference.
- Verify the unaudited nature of the reported figures as stated in Item 2.02.