Reasons to Add Consolidated Edison (ED) to Your Portfolio Now

Growth Projections Consolidated Edison has a positive surprise history. Its trailing four-quarter earnings surprise is 5.9%, on average. ED's current return on assets (ROA) is pinned at 2.9%, more than the industry average of 2.6%. ROA, a profitable measure, reflects how effectively a company is utilizing its assets in its operations to generate income. Consolidated Edison continues to follow a strategic investment plan for developing its infrastructure and aims to invest $28.05 billion during the 2024-2028 ...