Consolidated Edison Q2 Adj. EPS $0.83 Beats $0.75 Estimate
Consolidated Edison (NYSE:ED) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.75 by 10.67 percent. This is a 23.88 percent increase over earnings of $0.67 per share from
Consolidated Edison made more profit per share than experts predicted, earning $0.83 instead of the expected $0.75. When a company beats what people thought it would earn, it often means the company is running well and might be a stronger investment than people realized.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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