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Consolidated Edison Q2 Earnings Fall, Revenue Rises; Full-year EPS Guidance Reiterated
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Consolidated Edison Q2 Earnings Fall, Revenue Rises; Full-year EPS Guidance Reiterated
Aug 1, 2024 2:27 PM

05:00 PM EDT, 08/01/2024 (MT Newswires) -- Consolidated Edison ( ED ) reported Q2 adjusted earnings Thursday of $0.59 per share, down from $0.61 a year earlier.

Analysts polled by Capital IQ expected $0.57.

Operating revenue for the quarter ended June 30 was $3.22 billion, up from $2.94 billion a year ago.

Analysts polled by Capital IQ expected $3.13 billion.

The company reiterated its full-year adjusted earnings guidance of $5.20 to $5.40 per share.

Analysts polled by Capital IQ expect $5.30.

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