Consolidated Edison Q4 Earnings Top Estimates, Revenues Rise Y/Y

Consolidated Edison, Inc. (ED) reported fourth-quarter 2024 adjusted earnings of 98 cents per share, which beat the Zacks Consensus Estimate of 97 cents per share by 1%. However, the bottom line declined 2% from $1 per share recorded in the prior-year quarter.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The company posted GAAP earnings of 90 cents per share compared with 97 cents per share in the fourth quarter of 2023.The year-over-year deterioration can be attributed to high ...