logo
Plus   Neg
Share
Email

Consolidated Edison Inc. Q2 adjusted earnings Miss Estimates

Consolidated Edison Inc. (ED) released earnings for second quarter that declined from last year.

The company's profit came in at $152 million, or $0.46 per share. This compares with $188 million, or $0.60 per share, in last year's second quarter.

Excluding items, Consolidated Edison Inc. reported adjusted earnings of $189 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Consolidated Edison Inc. earnings at a glance:

-Earnings (Q2): $189 Mln. vs. $189 Mln. last year.
-EPS (Q2): $0.58 vs. $0.61 last year.
-Analysts Estimate: $0.59

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT