Consolidated Edison Inc
ED: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kQL | LOCK|g& | LOCK|&wXv&x |
Con Ed Earnings: Management Boosts Capital Investment Plan, but Regulatory Approval Is Key
Con Ed reported earning $5.40 per share on an adjusted basis in 2024, up 6.5% year over year primarily due to higher electric customer rates. This is in line with our expectations and management's most recent $5.30-$5.40 EPS guidance range.
