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

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 ...

Group 1 - Consolidated Edison, Inc. (Con Edison) plans to report its 3rd Quarter 2024 earnings on November 7, 2024 after the market closes [1] - Con Edison is one of the largest investor-owned energy-delivery companies in the U.S., with approximately $15 billion in annual revenues for year-end 2023 and $68 billion in assets as of June 30, 2024 [2] - The company provides a variety of energy-related products and services through its subsidiaries, including electric, gas, and steam services in New York City and surrounding areas [2]

Consolidated Edison, Inc. Clean Energy Webinar Summary Company Overview - Consolidated Edison, Inc. (NYSE:ED) is one of the largest investor-owned utilities in the U.S., providing electric, gas, and steam services to millions in New York and surrounding areas [5][6][7] - The company operates the largest steam system in the U.S. and has been continuously traded on the New York Stock Exchange for over 200 years [5] Core Strategies and Goals - Con Edison is focused on achieving a clean energy future in alignment with New York State's Climate Leadership and Community Protection Act (CLCPA), which mandates a 40% reduction in emissions by 2030 and net-zero emissions by 2050 [17][18] - The company emphasizes operational excellence, safety, and customer trust, with a commitment to diversity, equity, and inclusion [6][7] Reliability and Infrastructure - Con Edison is ranked as the most reliable energy company in the U.S., with its electric delivery system being nine times more reliable than the national average [8] - The company plans to invest approximately $28 billion in infrastructure over the next five years to support the clean energy transition and enhance reliability [72] Clean Energy Commitment - The clean energy commitment includes five main pillars: building a future-ready grid, empowering customers, reimagining the gas system, reducing the company's carbon footprint, and partnering with stakeholders for equitable benefits [14][15] - Investments will focus on renewable energy sources, energy storage solutions, and electrification of heating and transportation [12][14] Climate Change Mitigation - Con Edison is actively working on climate resilience, with a planned investment of $1.3 billion over the next five years to fortify the grid against climate impacts [36][38] - The company is also focused on decarbonizing its steam production and aims for zero direct greenhouse gas emissions from its operations by 2050 [55][56] Customer Engagement and Electrification - The company supports the installation of electric vehicle (EV) charging infrastructure and has budgeted over $800 million for infrastructure incentives [43] - Con Edison has seen significant customer adoption of clean energy alternatives, with projections indicating that 90% of vehicles could be electric by 2035 [41][42] Financial Health and Investment - Con Edison maintains a strong financial foundation, with no long-term parent company debt and a consistent record of dividend increases for 50 consecutive years [70][72] - The company is committed to transparent financial practices and aims to attract capital for ongoing investments in clean energy and infrastructure [68][70] Community and Stakeholder Engagement - Con Edison is dedicated to ensuring that disadvantaged communities benefit from the clean energy transition, with a goal of 35% to 40% of benefits accruing to these communities [18][65] - The company has invested in training programs for diverse students to prepare them for careers in the clean energy sector [62] Conclusion - Con Edison is positioned as a leader in the transition to a clean energy future, with a comprehensive strategy that encompasses reliability, customer engagement, climate resilience, and community involvement [75][77]

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Group 1 - Consolidated Edison, Inc. will present its clean energy strategy on October 8, 2024, from 9 a.m. to 10 a.m. Eastern Time [1] - The presentation will be led by Chairman and CEO Timothy Cawley, focusing on the company's support for New York State's environmental goals and its environmental, social, and governance practices [2] - A question-and-answer session will follow the presentation, with additional details and a link to the live webcast to be provided before the event [2] Group 2 - Consolidated Edison, Inc. is one of the largest investor-owned energy-delivery companies in the U.S., reporting approximately $15 billion in annual revenues for year-end 2023 and $68 billion in assets as of June 30, 2024 [3] - The company operates through several subsidiaries, including Consolidated Edison Company of New York, Inc., which provides electric, gas, and steam services in New York City and surrounding areas [3] - Other subsidiaries include Orange and Rockland Utilities, Inc., serving a 1,300-square-mile area in southeastern New York and northern New Jersey, and Con Edison Transmission, Inc., which focuses on developing electric transmission projects for clean, renewable electricity [3]

NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at conferences in September and October 2024. The presentation will be followed by a question-and-answer session. 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 investo ...

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Core Viewpoint - Consolidated Edison, Inc. reported second-quarter 2024 adjusted earnings of 59 cents per share, exceeding the Zacks Consensus Estimate of 55 cents by 7.3%, but down 3.3% from 61 cents in the prior-year quarter [1][2] Revenue Performance - Total operating revenues for the quarter were $3.22 billion, surpassing the Zacks Consensus Estimate of $3.08 billion by 4.5% and increasing 9.4% from $2.94 billion in the year-ago quarter, driven by higher gas, steam, and electric revenues [3] - Electric revenues reached $2.55 billion, up 10.7% from $2.30 billion in the prior-year quarter, while gas revenues increased by 1.9% to $582 million [3] - Steam revenues rose significantly by 27.5% to $88 million, and non-utility revenues were nil compared to $1 million in the year-earlier quarter [4] Operating Expenses - Total operating expenses increased by 8.5% year over year to $2.90 billion, with purchase power costs rising by 12.3% and other operations and maintenance expenses increasing by 13.9% [5] - Depreciation and amortization expenses grew by 3.2%, while taxes other than income taxes increased by 9.2% year over year [5] - Fuel expenses decreased by 16.7% year over year, and the cost of gas purchased for resale fell by 31.3% [5] Operating Income - The company's operating income for the second quarter increased by 12.7% year over year to $320 million [6] Financial Position - As of June 30, 2024, cash and temporary cash investments were $1.50 billion, up from $1.19 billion as of December 31, 2023 [7] - Long-term debt increased to $23.31 billion from $21.93 billion at the end of 2023 [7] - Cash from operating activities amounted to $1.91 billion compared to $1.16 billion generated in the prior year [7] Guidance - Consolidated Edison reaffirmed its 2024 guidance, expecting adjusted earnings per share in the range of $5.20-$5.40, with the Zacks Consensus Estimate for 2024 earnings at $5.31 per share, just above the midpoint of the company's guided range [8]