CON EDISON REPORTS 2024 THIRD QUARTER EARNINGS
Portfolio Pulse from
Consolidated Edison, Inc. (NYSE: ED) reported its 2024 third quarter earnings, showing an increase in net income to $588 million or $1.70 per share, compared to $526 million or $1.53 per share in the same quarter of 2023. Adjusted earnings also rose to $583 million or $1.68 per share from $561 million or $1.62 per share in 2023.
November 07, 2024 | 10:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Consolidated Edison reported a strong increase in both net income and adjusted earnings for Q3 2024 compared to Q3 2023, indicating positive financial performance.
The increase in both net income and adjusted earnings per share suggests improved financial health and operational efficiency, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100