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Con Edison to Report 2024 Earnings on February 20
Prnewswire· 2025-01-16 21:45
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 2024 earnings on February 20, 2025 after the market closes.Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for year-end 2023 and $69 billion in assets as of September 30, 2024. The company provides a wide range of energy-related products and services to its customers through the following subsidiarie ...
Con Edison Executives to Attend Financial Conferences in January 2025
Prnewswire· 2025-01-07 21:30
NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at conferences in January 2025. A copy of Con Edison's investor presentation for these meetings can be found on the Presentations & Webcasts page of Con Edison's website (Select "For Investors" and then select "Presentation & Webcasts").Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues ...
Con Edison Announces Common Share Offering with a Forward Component
Prnewswire· 2024-12-03 21:30
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the public offering of 7,000,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to J.P. Morgan Securities LLC, which is acting as the underwriter in connection with the offering. The underwriter may offer the common shares in transactions on the New York Stock Exc ...
Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Seeking Alpha· 2024-11-13 13:30
Consolidated Edison, Inc. (NYSE: ED ) is a utility fixture, the monopoly holder of electrical and natural gas distribution in the country’s largest city, New York. In the past month, though, its share price has dipped nearly 5%.Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund invest ...
Consolidated Edison's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-11-08 14:51
Consolidated Edison, Inc. (ED) reported third-quarter 2024 adjusted earnings of $1.68 per share, which beat the Zacks Consensus Estimate of $1.56 by 7.7%. Moreover, the bottom line increased 3.7% from $1.62 per share recorded in the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news. The company posted GAAP earnings of $1.70 per share compared with $1.53 in the third quarter of 2023.The year-over-year growth can be attributed to higher operating revenues and operating inc ...
Here's What Key Metrics Tell Us About Con Ed (ED) Q3 Earnings
ZACKS· 2024-11-08 01:36
Consolidated Edison (ED) reported $4.09 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.7%. EPS of $1.68 for the same period compares to $1.62 a year ago.The reported revenue represents a surprise of +1.85% over the Zacks Consensus Estimate of $4.02 billion. With the consensus EPS estimate being $1.56, the EPS surprise was +7.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
Con Edison(ED) - 2024 Q3 - Quarterly Results
2024-11-07 21:45
Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Allan Drury November 7, 2024 212-460-4111 Media Relations Consolidated Edison, Inc. 212 460 4111 (24 hours) 4 Irving Place New York, NY 10003 www.conEdison.com CON EDISON REPORTS 2024 THIRD QUARTER EARNINGS NEW YORK - Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 third quarter net income for common stock of $588 million or $1.70 a share compared with $526 million or $1.53 a share in the 2023 third quarter. Adjusted earnings (non-GAAP) were ...
Con Edison(ED) - 2024 Q3 - Quarterly Report
2024-11-07 21:38
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 September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to | --- | --- | --- | --- | |--------------------------|------------------------------------------------------------------------------------------------------------ ...
Analysts Estimate Consolidated Edison (ED) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-31 15:07
Wall Street expects a year-over-year decline in earnings on higher revenues when Consolidated Edison (ED) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are better ...
Con Edison to Report 3rd Quarter 2024 Earnings on November 7
Prnewswire· 2024-10-23 20:30
NEW YORK, Oct. 23, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 3rd Quarter 2024 earnings on November 7, 2024 after the market closes.Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for year-end 2023 and $68 billion in assets as of June 30, 2024. The company provides a wide range of energy-related products and services to its customers through the following subsi ...