Core Insights - Consolidated Edison (ED) reported a revenue of $4.8 billion for the quarter ended March 2025, reflecting a year-over-year increase of 12.1% and surpassing the Zacks Consensus Estimate by 8.98% [1] - The earnings per share (EPS) for the quarter was $2.25, slightly below the consensus estimate of $2.30, resulting in an EPS surprise of -2.17% [1] Revenue Performance - Operating revenues for CECONY were $4.44 billion, exceeding the average estimate of $4.09 billion from three analysts [4] - Operating revenues for O&R reached $356 million, surpassing the estimated $313.27 million [4] - O&R's gas operating revenues were $141 million, compared to the average estimate of $102.18 million, marking a year-over-year increase of 24.8% [4] - CECONY's electric operating revenues were $2.69 billion, exceeding the estimate of $2.50 billion, with a 10% increase year-over-year [4] - CECONY's gas operating revenues were $1.40 billion, above the estimate of $1.26 billion, reflecting a 12.7% year-over-year increase [4] - CECONY's steam operating revenues were $354 million, surpassing the estimated $301.58 million, with a year-over-year increase of 23.3% [4] - O&R's electric operating revenues were $215 million, slightly above the estimate of $210.49 million, showing a 10.3% year-over-year increase [4] - Gas operating revenues totaled $1.54 billion, exceeding the average estimate of $1.37 billion, with a year-over-year change of 13.8% [4] - Electric operating revenues were $2.90 billion, surpassing the estimate of $2.71 billion, reflecting a 10.1% year-over-year increase [4] Operating Income - Operating income for O&R was reported at $62 million, exceeding the average estimate of $58.52 million [4] - Operating income for CECONY was $1.07 billion, surpassing the average estimate of $1.02 billion from three analysts [4] Stock Performance - Shares of Consolidated Edison have returned +2.9% over the past month, while the Zacks S&P 500 composite experienced a -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Consolidated Edison (ED) came out with quarterly earnings of $2.25 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.17%. A quarter ago, it was expected that this utility would post earnings of $0.97 per share when it actually produced earnings of $0.98, delivering a surprise of 1.03%.Over the last four quarters, the company ...

1st Quarter 2025 Earnings Release Presentation May 1, 2025 Investor Relations Available Information On May 1, 2025, Consolidated Edison, Inc. issued a press release reporting its first quarter 2025 earnings and filed with the Securities and Exchange Commission the company's first quarter 2025 Form 10-Q. This presentation should be read together with, and is qualified in its entirety by reference to, the earnings press release and the Form 10-Q. Copies of the earnings press release and the Form 10-Q are avai ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2025 For the transition period from to | Commission File Number | Exact name of registrant as specified in its charter and principal executive office address and telephone number | State of Incorporation | I.R.S. Employer ID. Number | | --- | --- | --- | --- | | 1-14514 | Consolidated Edison, Inc. ...

Exhibit 99.1 212 460 4111 (24 hours) 4 Irving Place Media Relations Consolidated Edison, Inc. New York, NY 10003 www.conEdison.com FOR IMMEDIATE RELEASE Contact: Allan Drury May 1, 2025 212-460-4111 CON EDISON REPORTS 2025 FIRST QUARTER EARNINGS NEW YORK - Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2025 first quarter net income for common stock of $791 million or $2.26 a share compared with $720 million or $2.08 a share in the 2024 first quarter. Adjusted earnings (non-GAAP) were $792 ...

Core Viewpoint - The article discusses the search for defensive investment opportunities to enhance portfolio stability in a challenging economic environment, particularly focusing on income-generating strategies favored by a Generation X investor [1]. Group 1: Investment Strategy - The investor profile described is a Generation X individual who is over-educated and under-funded, seeking ways to increase income [1]. - The investment approach leans towards conservative, income-generating strategies typically associated with older investors, while also recognizing the value of growth strategies favored by younger investors [1].

Core Insights - Recession-resistant companies, particularly in the utilities sector, maintain stable dividends even during economic downturns [2][12] - Consolidated Edison, NextEra Energy, and Southern Company are highlighted as top utility stocks with strong dividend histories [2][4][10] Company Summaries - **Consolidated Edison**: - Provides electricity and natural gas services in New York City, generating stable earnings due to government-regulated rates [3] - Increased its dividend for 51 consecutive years, qualifying as a Dividend King [4] - Maintains a conservative payout ratio of 55% to 65% of adjusted earnings, allowing for continued investment in infrastructure [5] - **NextEra Energy**: - Operates the largest electric utility in the U.S. and has a significant renewable energy portfolio [6] - Achieved a 10% annual dividend growth rate over the past 20 years, with expectations to continue this growth [7] - Plans to invest $120 billion in energy infrastructure over the next four years to support growth [8] - **Southern Company**: - Operates multiple electric and natural gas utilities in the South, generating stable earnings [9] - Has paid dividends for 77 years, increasing payments for 23 consecutive years [10] - Plans to invest $63 billion through 2029 to support growing power demand, targeting 5% to 7% annual earnings growth [11] Industry Insights - Utilities are characterized by recession resilience, as demand for electricity and gas remains stable even during economic downturns [12] - Government regulation of rates allows utilities to maintain stable cash flows, supporting consistent dividend payments [12]

NEW YORK, April 9, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2025 earnings on May 1, 2025, after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for the year ended December 31, 2024, and $71 billion in assets as of December 31, 2024. The company provides a wide range of energy-related products and services to its customers through ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Consolidated Edison (ED) , which belongs to the Zacks Utility - Electric Power industry.This utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.36%.For the last reported quarter, Con Ed came out with earnings of $0.98 per sh ...

Group 1 - Consolidated Edison, Inc. will hold investor meetings during the weeks of March 10, 2025, and March 17, 2025 [1] - Investor presentations for these meetings will be available on the company's website under the Presentations & Webcasts section [1] Group 2 - Consolidated Edison, Inc. is one of the largest investor-owned energy-delivery companies in the U.S., with approximately $15 billion in annual revenues and $71 billion in assets [2] - The company operates through several subsidiaries, including Consolidated Edison Company of New York, Inc., which provides electric, gas, and steam services in New York City and surrounding areas [2] - Orange and Rockland Utilities, Inc. serves a 1,300-square-mile area in southeastern New York State and northern New Jersey [2] - Con Edison Transmission, Inc. manages electric and gas assets and seeks to develop electric transmission projects under the oversight of the Federal Energy Regulatory Commission [2]