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
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investor.conedison.com/phoenix.zhtml?c=61493&p=irol-proxy
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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
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News
- The Network of Employers for Traffic Safety (NETS) Announces Winners of the 2024 Road Safety Achievement Awards [Yahoo! Finance]Yahoo! Finance
- Consolidated Edison Company of New York wins the National Reliability Award at PA Consulting's 24th annual ReliabilityOne® Awards [Yahoo! Finance]Yahoo! Finance
- Consolidated Edison, Inc. (NYSE: ED) was upgraded by analysts at Evercore ISI from a "hold" rating to a "strong-buy" rating.MarketBeat
- Consolidated Edison Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Consolidated Edison, Inc. (NYSE: ED) had its price target lowered by analysts at Barclays PLC from $104.00 to $99.00. They now have an "underweight" rating on the stock.MarketBeat
ED
Earnings
- 11/7/24 - Beat
ED
Sec Filings
- 11/8/24 - Form SC
- 11/8/24 - Form 8-K
- 11/7/24 - Form 10-Q
- ED's page on the SEC website