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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

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