Consolidated Edison (ED) Q4 Earnings and Revenues Top Estimates

Consolidated Edison (ED) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.59%. A quarter ago, it was expected that this utility would post earnings of $1.76 per share when it actually produced earnings of $1.9, delivering a surprise of +7.95%.Over the last four quarters, the company ...