Consolidated Edison (ED) to Post Q1 Earnings: What's in Store?

Consolidated Edison (ED) is scheduled to release its first-quarter 2024 results on May 2 after market close. The company delivered an earnings surprise of 2.04% in the last reported quarter.The company holds a four-quarter average earnings surprise of 5.68%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayThe majority of Consolidated Edison’s service territories witnessed a warmer-than-normal temperature pattern during the January-March 2024 quarte ...