Consolidated Edison Inc. (ED) announced that its third-quarter net income for common stock was $336 million or $1.22 a share, compared with $182 million or $0.66 a share in 2008.
Earnings from ongoing operations for the quarter were $319 million or $1.16 a share compared to $269 million or $0.98 a share in 2008. Analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share for the quarter. Analysts' estimates typically exclude special items.
For the year 2009, the company confirmed its previous forecast of earnings per share from ongoing operations in the range of $3.00 to $3.20 a share. Analysts expect the company to report earnings of $3.10 per share for fiscal 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.