Consolidated Edison Inc expected to post earnings of 95 cents a share - Earnings Preview

Consolidated Edison

18/02/2025 21:39

* Consolidated Edison Inc  ED.N   ED  is expected to show a
rise
in quarterly revenue when it reports  results on February 20 for
the period ending December 31 2024
    * The New York City-based  company is expected to report a
6.9% increase in revenue to $3.681 billion from $3.44 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Consolidated Edison Inc
is for
earnings of 95 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 12
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Consolidated
Edison Inc is $100.00​, above​ its last closing price of $94.92.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.62        1.62       1.68      Beat    3.6
 Jun. 30 2024  0.57        0.57       0.59      Beat    3.6
 Mar. 31 2024  1.91        1.88       2.15      Beat    14.2​
 Dec. 31 2023  0.97        0.96       1.00      Beat    4.2
 ​​Sep.        1.62        1.60       1.62      Beat    1.1
 30 2023                                                
 Jun. 30 2023  0.61        0.61       0.61      Met     0.7​
 Mar. 31 2023  1.56        1.58       1.83      Beat    15.8
 Dec. 31 2022  0.79        0.80       0.81      Beat    1.5
 This summary was machine generated February 18 at 21:39 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)