2023-08-05 19:34
Consolidated Edison (NYSE:ED) Issues Earnings Results, Beats Estimates By $0.03 EPS
Consolidated Edison ( NYSE:ED – Get Free Report ) issued its quarterly earnings data on Thursday. The utilities provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.58 by $0.03, Briefing.com reports. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.31 billion. Consolidated Edison had a return on equity of 8.26% and a net margin of 15.84%. During the same period in the prior year, the business posted $0.64 earnings per share.

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