Consolidated Edison's Q3 Earnings Beat Estimates, Revenues Rise Y/Y

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 ...