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Consolidated Edison earnings beat by $0.26, revenue topped estimates

Published 05/05/2023, 05:02 AM
Updated 05/05/2023, 05:02 AM

Investing.com - Consolidated Edison (NYSE: ED) reported first quarter EPS of $1.83, $0.26 better than the analyst estimate of $1.57. Revenue for the quarter came in at $4.4B versus the consensus estimate of $3.9B.

Guidance

Consolidated Edison sees FY 2023 EPS of $4.75-$4.95 versus the analyst consensus of $4.82.

Consolidated Edison's stock price closed at $98.52. It is up 6.02% in the last 3 months and up 6.32% in the last 12 months.

Consolidated Edison saw 3 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Consolidated Edison's stock price’s past reactions to earnings here.

According to InvestingPro, Consolidated Edison's Financial Health score is "good performance".

Check out Consolidated Edison's recent earnings performance, and Consolidated Edison's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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