Con Edison Reports 2018 Earnings

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Go back to Con Edison Reports 2018 Earnings

Consolidated Edison (ED) PT Raised to $78 at Credit Suisse

February 25, 2019 6:59 AM EST

Credit Suisse analyst Michael Weinstein raised the price target on Consolidated Edison (NYSE: ED) to $78.00 (from $77.00) while maintaining an Underperform rating. Management initiated 2019 guidance $4.25-$4.45, which excludes -$0.20 of HLBV accounting impact for the recent SRE solar portfolio acquisition. This is $0.05 below Weinstein's previewed... More

Consolidated Edison (ED) Tops Q4 EPS by 2c, Offers Guidance

February 21, 2019 4:52 PM EST

Consolidated Edison (NYSE: ED) reported Q4 EPS of $0.77, $0.02 better than the analyst estimate of $0.75. Revenue for the quarter came in at $2.95 billion versus the consensus estimate of $2.88 billion.

GUIDANCE:

Consolidated Edison sees FY2019 EPS of $4.25-$4.45, versus the consensus of... More