Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Consolidated Edison, a monopoly utility in NYC, is rated a Buy due to expected earnings growth and its status as a Dividend King. Despite a recent 5% share price dip, Con Edison's Q3 earnings beat estimates, and the company revised its 2024 EPS guidance upward. Compared to peers, Con Edison's net income margin and ROE lag, but its dividend yield remains competitive, making it attractive for income investors.
Consolidated Edison's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
ED's third-quarter earnings beat the Zacks Consensus Estimate by 7.7%. Its revenues also surpass the consensus estimate by 1.9%.
Here's What Key Metrics Tell Us About Con Ed (ED) Q3 Earnings
The headline numbers for Con Ed (ED) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Analysts Estimate Consolidated Edison (ED) to Report a Decline in Earnings: What to Look Out for
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, Inc. (ED) Consolidated Edison Clean Energy Webinar (Transcript)
Consolidated Edison, Inc. (NYSE:ED ) Consolidated Edison Clean Energy Webinar October 8, 2024 9:00 AM ET Company Participants Jan Childress - Director, Investor Relations Tim Cawley - Chairman and Chief Executive Officer Jen Hensley - Senior Vice President, Corporate Affairs Matt Ketschke - President, Consolidated Edison Company, New York, Inc. Michelle O'Connell - President and Chief Executive Officer, Orange & Rockland Utilities Vicki Kuo - Senior Vice President, Customer Energy Solutions Katherine Boden - Senior Vice President, Gas Operations Steve Parisi - Senior Vice President, Central Operations Robert Sanchez - President and Chief Executive Officer, Orange and Rockland Utilities, Inc. Venetia Lannon - Vice President, Environment, Health & Safety Kirk Andrews - Senior Vice President and Chief Financial Officer Conference Call Participants Jan Childress Hello, and thank you for joining us. I'm Jan Childress, Director of Investor Relations for Con Edison.
Surging utility stocks primed for more gains as energy costs fall and interest rates ease - Ed Butowsky
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
3 Low-Volatility Stocks That Have More Upside in 2024
Growth stocks offer the potential to outperform the market and generate solid long-term returns, but these stocks also come with plenty of risk. Some growth stocks fizzle out and crash within one year, never to reclaim their all-time highs.
Consolidated Edison (ED) Q2 Earnings Top, Revenues Rise Y/Y
Consolidated Edison's (ED) second-quarter earnings and revenues beat estimates. The company's 2024 EPS outlook remains unchanged.
Con Ed (ED) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Con Ed (ED) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Consolidated Edison (ED) Q2 Earnings and Revenues Surpass Estimates
Consolidated Edison (ED) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.61 per share a year ago.
Consolidated Edison (ED) to Post Q2 Earnings: What's in Store?
Consolidated Edison's (ED) Q2 results are likely to benefit from a warmer-than-normal temperature pattern and strong rate-based growth. However, higher interest expenses may have hurt earnings.
Earnings Preview: Consolidated Edison (ED) Q2 Earnings Expected to Decline
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.
