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Consolidated Edison Q3 Adjusted Earnings, Revenue Rise
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Consolidated Edison Q3 Adjusted Earnings, Revenue Rise
Nov 9, 2024 12:44 PM

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.

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