Consolidated Edison Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live
02 May

Consolidated Edison (ED) reported Q1 adjusted net income late Thursday of $2.26 per diluted share, up from $2.15 a year earlier.

Analysts polled by FactSet expected $2.21.

Operating revenue for the quarter ended March 31 was $4.8 billion, up from $4.28 billion a year earlier. Analysts surveyed by FactSet expected $4.26 billion.

For 2025, the company reaffirmed its previous forecast of adjusted EPS of $5.50 to $5.70 per share. Analysts are expecting $5.63.

Shares were down more than 1% in recent after-hours activity.

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