Wall Street analysts expect Consolidated Edison (ED) to post quarterly earnings of $0.97 per share in its upcoming report, which indicates a year-over-year decline of 3%. Revenues are expected to be $3.58 billion, up 3.9% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...

After reaching an important support level, Consolidated Edison (ED) could be a good stock pick from a technical perspective. ED surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Shares of ED ...

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 ...

Core Insights - 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 year-end 2023 and $69 billion in assets as of September 30, 2024 [2]. Company Overview - The company operates through several subsidiaries, including: - Consolidated Edison Company of New York, Inc., which provides electric service in New York City and parts of 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 manages electric and gas assets through joint ventures and focuses on developing electric transmission projects for clean, renewable electricity in New York and the Northeast [2]. Investor Engagement - Executives from Consolidated Edison will meet with investors at conferences in January 2025, with an investor presentation available on the company's website [1].

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, 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, 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 ...

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 ...

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 ...

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 | --- | --- | --- | --- | |--------------------------|------------------------------------------------------------------------------------------------------------ ...