Consolidated Edison (ED) to Post Q4 Earnings: What's in Store?

Consolidated Edison Inc. (ED) is scheduled to release fourth-quarter and full-year 2023 earnings on Feb 15, after market close.The company delivered an earnings surprise of 2.53% in the last reported quarter. It boasts a four-quarter average earnings surprise of 6.13%.Factors to NoteDuring most of the fourth quarter, ED’s service territories experienced a warmer-than-normal weather pattern, while snow accumulations were observed for a few days. This might have negatively impacted electricity demand from the ...