Utility company Consolidated Edison beat Wall Street estimates for fourth-quarter profit on Thursday, driven by higher electricity rates.
Guggenheim raised the firm’s price target on Consolidated Edison (ED) to $96 from $92 and keeps a Neutral rating on the shares after the ...
Consolidated Edison of New York, Con Ed's largest subsidiary, reached what we consider a constructive settlement in early 2023 that set electric and gas base rates in 2023-25. The cumulative $1.9 ...
Con Ed (ED) delivered earnings and revenue surprises of 1.03% and 2.56%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
In 2025 and 2026, Con Edison expects to make capital investments of $5,122 million and $8,067 million, respectively. For ...
Consolidated Edison's revenue rose in the fourth quarter and said it is optimistic about growth amid rising demand to power the electrification of buildings and transportation this year.
For the full year 2024, Con Edison reported adjusted earnings of $5.40 per share, up from $5.07 in 2023. The company's net income for common stock was $1.82 billion, or $5.26 per share, compared to $2 ...
Sanctuary Advisors LLC decreased its holdings in Consolidated Edison, Inc. (NYSE:ED – Free Report) by 8.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The ...
Con Edison utility bills are set to rise by double digits next year if the utility gets its proposed rate hikes approved by ...
The utility posted revenue of $3.67 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $3.58 billion. Con Ed expects full-year earnings to be $5.50 per ...
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News 12 (Video) on MSN‘It's warmer outside than inside.’ Williamsbridge residents without heat after water main breakDozens of Con Edison workers were on Burke Avenue and the surrounding area trying to fix the damage.
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