---
schema_version: "secwatch.filing_event.v1"
accession: "0001047862-23-000118"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:37:17.352519+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Con Edison Q1 adjusted EPS $1.83 beats $1.47 YoY; reaffirms FY adjusted EPS guidance $4.75-$4.95

## Summary
- Reported Q1 net income $1,433M ($4.06/sh) includes Clean Energy Businesses sale gain; adjusted earnings $645M ($1.83/sh).
- Completed sale of Clean Energy Businesses valued at $6.8B, strengthening balance sheet and focusing on NY clean energy.
- Connected over 700 MW of solar generation for customers; CEO cites significant clean energy milestone.
- Full-year 2023 adjusted EPS guidance reaffirmed at $4.75-$4.95 per share.
- Q1 2022 adjusted EPS was $1.47; increase driven by utility operations and sale-related impacts.

## SEC filing metadata
- accession: 0001047862-23-000118
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000118/0001047862-23-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000104786223000118/ed-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047862-23-000118
- JSON: https://secwatch.observer/filing/0001047862-23-000118.json
- Plain text: https://secwatch.observer/filing/0001047862-23-000118.txt

## Key facts
- Earnings Releases
  CONSOLIDATED EDISON INC reported the year of 2023 results: EPS $4.75 to $4.95 per share. Guidance reaffirmed.
  - Period: the year of 2023
  - EPS: $4.75 to $4.95 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For the year of 2023, Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.75 to $4.95 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000118/0001047862-23-000118-index.htm
- Earnings Releases
  CONSOLIDATED EDISON INC reported first quarter 2023 results: net income $1,433 million, EPS $4.06 a share.
  - Period: first quarter 2023
  - Net income: $1,433 million
  - EPS: $4.06 a share
  - Result: reported results
  source text: Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 first quarter net income for common stock of $1,433 million or $4.06 a share compared with $602 million or $1.70 a share in the 2022 first quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000118/0001047862-23-000118-index.htm

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