Consolidated Edison (ED) Misses Q3 EPS by 3c

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Con Edison Reports 2015 Third Quarter Earnings

November 5, 2015 6:02 PM EST

NEW YORK, NY -- (Marketwired) -- 11/05/15 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2015 third quarter net income for common stock of $428 million or $1.46 a share compared with $436 million or $1.49 a share in 2014. Adjusted earnings, which exclude the effects of the impairment of certain assets held for sale and the net mark-to-market effects of the competitive energy businesses (CEBs), were $424 million or $1.45 a share in 2015 compared with $436 million or $1.49 a share in 2014.

For the first nine months of 2015, net income for common stock was $1,017 million or $3.47 a share compared with... More