---
schema_version: "secwatch.filing_event.v1"
accession: "0001047862-23-000163"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:12:47.721200+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Con Edison Q3 net income $526M; raises FY2023 EPS guidance to $5.00-$5.10

## Summary
- Q3 2023 net income $526M ($1.53 EPS) vs $613M ($1.73 EPS) in Q3 2022.
- Adjusted earnings $561M ($1.62 EPS) vs $579M ($1.63 EPS) year-over-year.
- FY2023 adjusted EPS guidance raised to $5.00-$5.10 from prior $4.85-$5.00.
- Increased long-term debt issuance plan at utilities to up to $2,100M (previously up to $1,400M).
- Began construction of Brooklyn Clean Energy Hub transmission substation.

## SEC filing metadata
- accession: 0001047862-23-000163
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000163/0001047862-23-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000104786223000163/ed-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047862-23-000163
- JSON: https://secwatch.observer/filing/0001047862-23-000163.json
- Plain text: https://secwatch.observer/filing/0001047862-23-000163.txt

## Key facts
- Earnings Releases
  CONSOLIDATED EDISON INC reported results: net income $2,185 million, EPS $6.27 a share. Guidance raised.
  - Net income: $2,185 million
  - EPS: $6.27 a share
  - Guidance: raised
  - Result: reported results
  source text: For the first nine months of 2023, net income for common stock was $2,185 million or $6.27 a share compared with $1,470 million or $4.15 a share in the first nine months of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000163/0001047862-23-000163-index.htm
- Earnings Releases
  CONSOLIDATED EDISON INC reported three and nine months ended September 30, 2023 results: net income $526 million, EPS $1.53 a share. Guidance raised.
  - Period: three and nine months ended September 30, 2023
  - Net income: $526 million
  - EPS: $1.53 a share
  - Guidance: raised
  - Result: reported results
  source text: Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 third quarter net income for common stock of $526 million or $1.53 a share compared with $613 million or $1.73 a share in the 2022 third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786223000163/0001047862-23-000163-index.htm

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