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Consolidated Edison Inc. Q3 adjusted earnings Miss Estimates

Consolidated Edison Inc. (ED) announced earnings for its third quarter that advanced from the same period last year.

The company's earnings came in at $473 million, or $1.42 per share. This compares with $435 million, or $1.40 per share, in last year's third quarter.

Excluding items, Consolidated Edison Inc. reported adjusted earnings of $513 million or $1.54 per share for the period.

Analysts had expected the company to earn $1.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Consolidated Edison Inc. earnings at a glance:

-Earnings (Q3): $513 Mln. vs. $489 Mln. last year.
-EPS (Q3): $1.54 vs. $1.57 last year.
-Analysts Estimate: $1.58

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