Consolidated Edison (ED) Misses Q2 EPS by 7c, Reaffirms EPS Guidance

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Go back to Consolidated Edison (ED) Misses Q2 EPS by 7c, Reaffirms EPS Guidance

Con Edison Reports 2021 Second Quarter Earnings

August 5, 2021 5:00 PM EDT

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2021 second quarter net income for common stock of $165 million or $0.48 a share compared with $190 million or $0.57 a share in the 2020 second quarter. Adjusted earnings were $182 million or $0.53 a share in the 2021 period compared with $201 million or $0.60 a share in the 2020 period. Adjusted earnings and adjusted earnings per share in the 2021 period exclude the impact of the impairment loss related to Con Edison's investment in Stagecoach Gas Services LLC (Stagecoach) and the loss from the sale of a renewable... More