Consolidated Edison (ED) Tops Q3 Earnings and Revenue Estimates

Consolidated Edison (ED) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.95%. A quarter ago, it was expected that this utility would post earnings of $0.66 per share when it actually produced earnings of $0.67, delivering a surprise of +1.52%.Over the last four quarters, the company ...