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

Reuters
02-19
Consolidated Edison Inc <ed.n> expected to post earnings of 95 cents a share - Earnings Preview </ed.n>
  • 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 ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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. 30 2023

1.62

1.60

1.62

Beat

1.1

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)

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