Consolidated Edison, Inc.

ED

US2091151041

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
92.93 ^USD	-1.25%		+1.26%	+2.15%

Apr. 22	Barclays Adjusts Price Target on Consolidated Edison to $89 From $87	MT
Apr. 22	Scotiabank Adjusts Consolidated Edison's Price Target to $85 From $91	MT

Consolidated Edison, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 15, 2024 at 04:57 pm EST

Consolidated Edison, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 3,444 million compared to USD 4,031 million a year ago. Revenue was USD 3,444 million compared to USD 4,031 million a year ago.

Net income was USD 335 million compared to USD 190 million a year ago. Basic earnings per share from continuing operations was USD 0.97 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.96 compared to USD 0.53 a year ago.

Latest news about Consolidated Edison, Inc.

Barclays Adjusts Price Target on Consolidated Edison to $89 From $87	Apr. 22	MT
Scotiabank Adjusts Consolidated Edison's Price Target to $85 From $91	Apr. 22	MT
S&P 500 Posts Third Consecutive Weekly Drop, Led by Tech, Consumer Discretionary Amid Mixed Earnings, Middle East Turmoil	Apr. 19	MT
Consolidated Edison Maintains Quarterly Dividend at $0.83 Per Share, Payable June 14 to Stockholders of Record May 15	Apr. 18	MT
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable June 14, 2024	Apr. 18	CI
JPMorgan Adjusts Consolidated Edison's Price Target to $90 From $86	Apr. 18	MT
Barclays Adjusts Price Target on Consolidated Edison to $87 From $86, Maintains Equalweight Rating	Mar. 14	MT
FERC approves first offshore wind project to connect to New York's grid, Equinor says	Mar. 13	RE
Equitrans delays WV-VA Mountain Valley natgas pipe again, boosts cost	Feb. 20	RE
UBS Adjusts Consolidated Edison Price Target to $94 From $99, Maintains Neutral Rating	Feb. 16	MT
RBC Trims Price Target on Consolidated Edison to $93 From $94, Keeps Sector Perform Rating	Feb. 16	MT
Consolidated Edison Q4 Adjusted Earnings Rise, Operating Revenue Falls; 2024 Adjusted EPS Outlook Set	Feb. 15	MT
Earnings Flash (ED) CONSOLIDATED EDISON Reports Q4 EPS $1.00, vs. Street Est of $0.97	Feb. 15	MT
Con Edison beats fourth-quarter profit estimates on lower operating expenses	Feb. 15	RE
Consolidated Edison, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Consolidated Edison, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Tech-led U.S. 'exceptionalism' underlined	Feb. 15	RE
Barclays Trims Price Target on Consolidated Edison to $86 From $88, Maintains Equalweight Rating	Jan. 22	MT
New York regulator approves Con Edison's $1.2 bln clean city project	Jan. 18	RE
Consolidated Edison Raises Quarterly Dividend to $0.83/Share from $0.81; Payable March 15 to Holders of Record on Feb. 14	Jan. 18	MT
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on March 15, 2024	Jan. 18	CI
FirstEnergy, Duke Energy Report Progress After Hundreds of Thousands of Power Outages	Jan. 10	DJ
Over half a million on US East Coast lose power due to winter storm	Jan. 10	RE
Massive winter storm batters US, knocks out power to over 300,000 customers	Jan. 09	RE
North American Morning Briefing : Bond Yields Rise -2-	Jan. 05	DJ

Chart Consolidated Edison, Inc.

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Company Profile

Consolidated Edison, Inc. is one of the American largest energy groups. Net sales break down by activity as follows: - sale of electricity (73.9%); - sale of gas (21.3%); - sale of steam (3.9%); - other (0.9%).

Sector

Electric Utilities

Calendar

2024-05-01 - Q1 2024 Earnings Release

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S&P 500

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Ratings for Consolidated Edison, Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

92.93 USD

Average target price

90.47 USD

Spread / Average Target

-2.65%

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Quarterly earnings - Rate of surprise

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