On March 6, 2025, in New York, Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced that its executives will hold meetings with investors during the weeks of March 10 and March 17, 2025. You can find the investor presentations for these meetings on the Presentations & Webcasts section of Con Edison's website by choosing "For Investors" and then "Presentation & Webcasts."
Since the autumn of 2022, the NASDAQ composite index has been performing exceptionally well, with the Magnificent 7 pushing the markets to record levels.
While the revenue and earnings per share (EPS) for Con Ed (ED) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
While the revenue and earnings per share (EPS) for Con Ed (ED) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Consolidated Edison (ED) reported quarterly earnings of $0.98 per share, which is higher than the Zacks Consensus Estimate of $0.97 per share. This is a decrease compared to earnings of $1 per share from the same period last year.
In addition to looking at analysts' predictions for Con Ed's (ED) revenue and earnings, it's important to assess forecasts for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in December 2024.
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) is set to announce its earnings for 2024 on February 20, 2025, after the market closes. As one of the largest investor-owned energy companies in the U.S., Con Edison reported around $15 billion in revenue for 2023 and had $69 billion in assets by September 30, 2024.
On January 7, 2025, in New York, Consolidated Edison, Inc. ("Con Edison") will hold meetings with investors at various conferences. You can find their investor presentation for these events on the Presentations & Webcasts section of Con Edison's website by choosing "For Investors" and then "Presentation & Webcasts."
Runwise, a smart control platform that enhances the efficiency of heating, cooling, and water systems in over 7,500 buildings nationwide, has been named Top Multifamily Contractor of the Year for 2024 by Con Edison. As a Participating Contractor in Con Edison's clean energy program, Runwise is honored to receive this recognition. "We are extremely proud of this award from Con Edison," stated Mike Cook, Chief Growth Officer and cofounder of Runwise.
Consolidated Edison, a major utility company in New York City, is considered a good investment because of its anticipated earnings growth and its reputation as a Dividend King. Although its share price recently fell by 5%, the company's Q3 earnings exceeded expectations, and it has raised its earnings per share forecast for 2024. While its net income margin and return on equity are lower than some competitors, its dividend yield is still appealing for those looking for income.