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0 0.000405926527298478 0.000101481631824692 0 0.00172518774101889 0.00202963263649282 -0.00263852242744069 -0.00309518977065158
Stock impact report

Consolidated Edison's Q3 Earnings Beat Estimates, Revenues Rise Y/Y [Yahoo! Finance]

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: Yahoo! Finance
7.7%. Moreover, the bottom line increased 3.7% from $1.62 per share recorded in the prior-year quarter. See the Zacks Earnings Calendar to stay ahead of market-making news. The company posted GAAP earnings of $1.70 per share compared with $1.53 in the third quarter of 2023. The year-over-year growth can be attributed to higher operating revenues and operating income from the prior-year quarter's level. Consolidated Edison's total operating revenues of $4.09 billion surpassed the Zacks Consensus Estimate of $4.02 billion by 1.9%. The top line also increased 5.7% from $3.87 billion reported in the year-ago quarter. The upside was driven by higher gas and electric revenues. Electric revenues totaled $3.67 billion, which increased 5.8% from the year-ago quarter's figure of $3.47 billion. Gas revenues totaled $373 million, which increased 5.7% from the year-ago quarter's figure of $353 million. Steam revenues were in line with the year-ago quarter's figure of $49 million. N Show less Read more
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