05:40 PM EDT, 05/02/2024 (MT Newswires) -- Consolidated Edison ( ED ) reported Q1 adjusted earnings late Thursday of $2.15 per share, up from $1.83 per share a year earlier.

Analysts polled by Capital IQ expected $1.90.

Operating revenue for the quarter ended March 31 fell to $4.28 billion from $4.40 billion a year earlier. Analysts surveyed by Capital IQ expected $4.43 billion.

For 2024, the company said it continues to expect adjusted EPS of $5.20 to $5.40. The consensus is for normalized EPS of $5.32.

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