Consolidated Edison operates a stable, regulated utility business, focusing on energy delivery in New York with predictable, inflation-resistant cash flows and strong regulatory protection. The company's large-scale investment program and robust balance sheet underpin its ability to maintain solid margins, reliable dividends, and steady earnings growth. Recent financials show improved profitability, reduced leverage, and strong liquidity, supporting continued dividend stability and resilience amid inflation and market volatility.
Upgrading Consolidated Edison to a 'Buy' due to attractive valuation, steady EPS growth, and a high 3.37% dividend yield. Recent strong earnings, reaffirmed guidance, and robust capex/rate base growth support a positive long-term outlook despite sector headwinds. The technical setup is neutral, but shares are near support, with higher highs/lows since mid-2023 and potential for increased summer demand.
NEW YORK , May 15, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at various conferences in May and June 2025. 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 "Presentations & Webcasts").
ED's first-quarter earnings miss estimates, and revenues grow 12.1% year over year. The company's operating income rises during the same period.
While the top- and bottom-line numbers for Con Ed (ED) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Consolidated Edison (ED) came out with quarterly earnings of $2.25 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.15 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Con Ed (ED), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Con Ed (ED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Consolidated Edison offers stability with predictable income due to its status as a government-sanctioned monopoly in a densely populated region. Despite a decline in net income, the company maintains strong adjusted earnings and a consistent dividend growth streak of 51 years. Future growth is driven by investments in clean energy infrastructure, smart grid technologies, and EV charging stations.
Recessions can be really challenging periods. A contracting economy causes companies and consumers to pull back on spending.
NEW YORK , April 9, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2025 earnings on May 1, 2025, after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for the year ended December 31, 2024, and $71 billion in assets as of December 31, 2024.
Con Ed (ED) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.