Workflow
Con Edison(ED)
icon
Search documents
Consolidated Edison Q2 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-08-08 15:10
Key Takeaways ED earned 67 cents per share in Q2, up 13.6% year over year and slightly above the consensus estimate.Q2 revenues rose 11.7% to $3.60B, driven by higher gas, steam, electric and non-utility sales.ED reaffirmed 2025 EPS guidance of $5.50-$5.70, matching the prior forecast range.Consolidated Edison, Inc. (ED) reported second-quarter 2025 adjusted earnings of 67 cents per share, which topped the Zacks Consensus Estimate of 66 cents by 1.5%. The bottom line also improved 13.6% from 59 cents record ...
Compared to Estimates, Con Ed (ED) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-07 23:31
Consolidated Edison (ED) reported $3.6 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 11.7%. EPS of $0.67 for the same period compares to $0.59 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.39 billion, representing a surprise of +6.17%. The company delivered an EPS surprise of +1.52%, with the consensus EPS estimate being $0.66.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Consolidated Edison (ED) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-08-07 23:10
Group 1: Earnings Performance - Consolidated Edison (Con Ed) reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of $0.66 per share, and up from $0.59 per share a year ago, representing an earnings surprise of +1.52% [1] - The company posted revenues of $3.6 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.17%, compared to year-ago revenues of $3.22 billion [2] - Over the last four quarters, Con Ed has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Con Ed shares have increased approximately 16.7% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $1.83 on $4 billion in revenues, and for the current fiscal year, it is $5.63 on $16.14 billion in revenues [7] Group 3: Industry Context - The Utility - Electric Power industry, to which Con Ed belongs, is currently in the top 36% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Con Ed's stock performance [5] - The current Zacks Rank for Con Ed is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]
CON EDISON REPORTS 2025 SECOND QUARTER EARNINGS
Prnewswire· 2025-08-07 20:52
NEW YORK, Aug. 7, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2025 second quarter net income for common stock of $246 million or $0.68 a share compared with $202 million or $0.58 a share in the 2024 second quarter. Adjusted earnings (non-GAAP) were $240 million or $0.67 a share in the 2025 period compared with $203 million or $0.59 a share in the 2024 period. Adjusted earnings and adjusted earnings per share in the 2025 period exclude accretion of the basis differen ...
Con Edison(ED) - 2025 Q2 - Quarterly Results
2025-08-07 20:45
Exhibit 99.1 212 460 4111 (24 hours) 4 Irving Place Media Relations Consolidated Edison, Inc. New York, NY 10003 www.conEdison.com FOR IMMEDIATE RELEASE Contact: Allan Drury August 7, 2025 212-460-4111 CON EDISON REPORTS 2025 SECOND QUARTER EARNINGS NEW YORK - Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2025 second quarter net income for common stock of $246 million or $0.68 a share compared with $202 million or $0.58 a share in the 2024 second quarter. Adjusted earnings (non-GAAP) were ...
Con Edison(ED) - 2025 Q2 - Quarterly Report
2025-08-07 20:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to | Commission File Number | Exact name of registrant as specified in its charter and principal executive office address and telephone number | State of Incorporation | ...
Con Edison Elects New Board Member
Prnewswire· 2025-08-06 20:15
Brendan Cavanagh Will Join the Company's Board of DirectorsAppointment Effective October 1, 2025NEW YORK, Aug. 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) today announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation (NASDAQ: SBAC), a real estate investment trust that owns and operates wireless communication ...
X @Bloomberg
Bloomberg· 2025-08-05 13:04
New Yorkers' anger over Con Edison's proposed hike in electricity and gas bills is intensifying — and that presents a risk to the utility's climate goals. https://t.co/48LDtdM2i9 ...
Gear Up for Con Ed (ED) Q2 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-08-04 14:20
Wall Street analysts expect Consolidated Edison (ED) to post quarterly earnings of $0.66 per share in its upcoming report, which indicates a year-over-year increase of 11.9%. Revenues are expected to be $3.61 billion, up 12.2% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 3.7% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company a ...
Con Edison to Report 2nd Quarter 2025 Earnings on August 7
Prnewswire· 2025-07-10 20:00
Company Overview - Consolidated Edison, Inc. is one of the largest investor-owned energy-delivery companies in the United States, with approximately $15 billion in annual revenues for the year ended December 31, 2024 [2] - The company has total assets amounting to $71 billion as of March 31, 2025 [2] Services Provided - The company operates through several subsidiaries, including: - Consolidated Edison Company of New York, Inc., which provides electric service in New York City and Westchester County, gas service in Manhattan, the Bronx, parts of Queens, and parts of Westchester, as well as steam service in Manhattan [2] - Orange and Rockland Utilities, Inc., serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey [2] - Con Edison Transmission, Inc., which invests in electric transmission projects and manages electric and gas assets through joint ventures, primarily under the oversight of the Federal Energy Regulatory Commission [2]