Is Consolidated Edison (ED) Outperforming Other Utilities Stocks This Year?

Group 1: Company Overview - Consolidated Edison (ED) is one of 107 individual stocks in the Utilities sector, ranking 5 in the Zacks Sector Rank [2] - The company currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Metrics - Consolidated Edison has gained approximately 14.5% year-to-date, outperforming the Utilities sector average return of 11.1% [4] - The Zacks Consensus Estimate for ED's full-year earnings has increased by 0.2% over the past quarter, reflecting improved analyst sentiment [4] Group 3: Industry Context - Consolidated Edison belongs to the Utility - Electric Power industry, which includes 58 individual stocks and currently ranks 87 in the Zacks Industry Rank [6] - The Utility - Electric Power industry has gained an average of 12.1% year-to-date, indicating that Consolidated Edison is performing better than its industry peers [6]