---
schema_version: "secwatch.filing_event.v1"
accession: "0001047862-23-000042"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T08:35:47.904347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Con Edison reports 2022 adjusted EPS $4.57, guides 2023 $4.75-4.95, plans $1B buyback

## Summary
- FY 2022 net income $1,660M ($4.68 GAAP EPS); adjusted $1,620M ($4.57 EPS), up from $4.39 in 2021.
- Q4 2022 net income $190M ($0.53 GAAP EPS); adjusted $288M ($0.81 EPS) vs $1.00 in prior Q4.
- 2023 adjusted EPS guidance range of $4.75-$4.95; 5-year CAGR target of 5%-7% from 2023 base.
- Plans $4,809M of capital investments in 2023, $9,809M aggregate for 2024-2025.
- Intends to repay $1,250M parent debt, invest in utilities, and repurchase up to $1,000M of common shares after Clean Energy sale closing.

## SEC filing metadata
- accession: 0001047862-23-000042
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000042/0001047862-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000104786223000042/ed-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047862-23-000042
- JSON: https://secwatch.observer/filing/0001047862-23-000042.json
- Plain text: https://secwatch.observer/filing/0001047862-23-000042.txt

## Key facts
- Earnings Releases
  CONSOLIDATED EDISON INC reported the three months and year ended December 31, 2022 results: net income $1,660 million or $4.68 a share. Guidance reaffirmed.
  - Period: the three months and year ended December 31, 2022
  - Net income: $1,660 million or $4.68 a share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 net income for common stock of $1,660 million or $4.68 a share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000042/0001047862-23-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.