Consolidated Edison Analysts Increase Their Forecasts Following Better-Than-Expected Results

Consolidated Edison, Inc. ED posted better-than-expected first-quarter results on Thursday.The company posted adjusted earnings of $2.26 per share, beating market estimates of$2.20 per share. The company's quarterly sales came in at $4.80 billion versus expectations of$4.44 billion.“We continue to deliver results through strong execution of our strategy, with robust investments in infrastructure to maintain our world-class reliability and support the clean energy transition,” said Tim Cawley, chairman and ...