05:33 PM EST, 11/07/2024 (MT Newswires) -- Consolidated Edison ( ED ) reported Q3 adjusted net income late Thursday of $1.68 per diluted share, up from $1.62 a year earlier.
Analysts polled by Capital IQ expected $1.58.
Operating revenue for the quarter ended Sept. 30 rose to $4.09 billion from $3.87 billion a year earlier.
Analysts surveyed by Capital IQ expected $4.07 billion.
For 2024, the company is now projecting adjusted EPS of $5.30 to $5.40, compared with its prior forecast of between $5.20 and $5.40.
Analysts are looking for $5.32.