financetom
Business
financetom
/
Business
/
Consolidated Edison Q4 Adjusted Earnings Fall, Revenue Rises; Sets 2025 Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Consolidated Edison Q4 Adjusted Earnings Fall, Revenue Rises; Sets 2025 Outlook
Feb 20, 2025 2:22 PM

04:47 PM EST, 02/20/2025 (MT Newswires) -- Consolidated Edison ( ED ) reported Q4 adjusted net income late Thursday of $0.98 per diluted share, down from $1 a year earlier.

Analysts polled by FactSet expected $0.95.

Operating revenue for the quarter ended Dec. 31 rose to $3.67 billion from $3.44 billion a year earlier.

Analysts surveyed by FactSet expected $3.68 billion.

For 2025, the company is projecting adjusted EPS of $5.50 to $5.70. Analysts are looking for $5.62.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ISS recommends Morgan Stanley shareholders vote against former CEO Gorman's pay proposal
ISS recommends Morgan Stanley shareholders vote against former CEO Gorman's pay proposal
May 9, 2024
May 9 (Reuters) - Proxy adviser Institutional Shareholder Services (ISS) recommended on Thursday that Morgan Stanley ( MS ) shareholders vote against the management's proposal to ratify former CEO James Gorman's pay. Gorman stepped down as the CEO of the investment bank at beginning of the year after holding the top job for more than a decade. ISS said voting...
Update: Primo Water Up 5.8% as Q1 Adjusted Profit More than Doubles, Boosts 2024 Profit and Revenue Outlook
Update: Primo Water Up 5.8% as Q1 Adjusted Profit More than Doubles, Boosts 2024 Profit and Revenue Outlook
May 9, 2024
11:49 AM EDT, 05/09/2024 (MT Newswires) -- Primo Water ( PRMW ) on Thursday reported first-quarter adjusted net income more than doubled after revenue exceeded the high end of the company's guidance. First-quarter adjusted net income, which excludes most one-time items, came in at US$30.5 million, or US$0.19 per share, up from US$11.2 million, or US$0.07, in the year-prior quarter....
Roller Coaster Revival: Cedar Fair's Q1 Sales Soar, Despite Hurdles, Eyes Set on Thrilling Season Ahead
Roller Coaster Revival: Cedar Fair's Q1 Sales Soar, Despite Hurdles, Eyes Set on Thrilling Season Ahead
May 9, 2024
Cedar Fair, L.P. ( FUN ) shares are trading higher after it reported first-quarter FY24 sales growth of 20% Y/Y to $101.6 million, beating the analyst consensus of $92.4 million. The company recorded a net loss of $(133) million compared with a net loss of $(135) million a year ago quarter, including $10 million of costs related to the proposed merger with Six Flags Entertainment Corp ( SIX...
Parsons Gets $20 Million Contract for San Antonio Rapid Transit Program
Parsons Gets $20 Million Contract for San Antonio Rapid Transit Program
May 9, 2024
11:45 AM EDT, 05/09/2024 (MT Newswires) -- Parsons (PSN) said Thursday it has secured a five-year, $20 million contract from VIA Metropolitan Transit Authority to finish the final design for the Advanced Rapid Transit program in San Antonio, Texas. The project, valued at over $400 million, receives funding from various sources including the Federal Transportation Administration New Starts Capital Improvement...
Copyright 2023-2026 - www.financetom.com All Rights Reserved