Con Edison Expects 2024 Adjusted EPS Of $5.20-$5.40, Est $5.29
Portfolio Pulse from Benzinga Newsdesk
Con Edison forecasts its 2024 adjusted earnings per share (EPS) to be in the range of $5.20-$5.40, aligning closely with the estimated $5.29.

February 15, 2024 | 10:04 pm
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Con Edison forecasts its 2024 adjusted EPS to be in the range of $5.20-$5.40, which is in line with the estimated $5.29.
Con Edison's forecast for its 2024 adjusted EPS closely matches the analysts' estimates, suggesting that the company's financial outlook is in line with market expectations. This alignment typically indicates a neutral short-term impact on the stock price, as the forecast does not significantly deviate from what investors were already expecting.
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