ED tops Q2 earnings and revenue estimates as higher electric and gas rate bases lift results, while reaffirming 2026 earnings guidance and investment plans.
Consolidated Edison (ED) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.67 per share a year ago.
The headline numbers for Con Ed (ED) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The New York-based utility company posted a second-quarter profit of $308 million, up from $246 million a year earlier.
Consolidated Edison offers long-term stability and predictable returns, supported by its regulated monopoly in New York City utilities. ED targets mid-8% rate base growth and has secured a 9.4% allowed ROE through 2029, underpinning visible earnings growth. With a 3.2% dividend yield and prudent payout ratio, ED is positioned for 10%+ annual total returns over the long haul.
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 June 2026.
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.
Few stocks earn their place in a retiree's portfolio the way Consolidated Edison (NYSE:ED | ED Price Prediction) has.
Here is how Consolidated Edison (ED) and Energias de Portugal (EDPFY) have performed compared to their sector so far this year.
Consolidated Edison remains a buy, offering a 3.3% yield, a 52-year dividend growth streak, and modest undervaluation versus intrinsic value. ED reaffirmed 2026 adjusted EPS guidance of $6.00–$6.20, with sell-side upgrades and projected steady earnings growth above 7% for FY 2026. Valuation supports upside: applying an 18.75x P/E to $6.25 normalized EPS yields a $117 target, above current levels, with a PEG ratio below the historical mean.
Here is how Consolidated Edison (ED) and Otter Tail (OTTR) have performed compared to their sector so far this year.
ED posts Q1 revenue growth across electric, gas and steam segments, but adjusted earnings miss estimates as expenses climb.