secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001047862-24-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Con Edison reports 2023 adj. EPS of $5.07, guides FY2024 $5.20-$5.40
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- FY2023 net income $2,519M ($7.25 GAAP EPS) vs. $1,660M ($4.68) in 2022; adjusted EPS $5.07 vs. $4.57.
- Q4 2023 net income $335M ($0.97 GAAP EPS) vs. $190M ($0.53); adjusted EPS $1.00 vs. $0.81.
- FY2024 adjusted EPS guidance $5.20-$5.40, with 5%-7% five-year CAGR from 2024 base.
- Plans $4.85B capex in 2024, $5.24B in 2025, and $17.96B for 2026-2028; no parent-company LT debt.
- No common equity issuance in 2024; up to $1,300M in 2025 and $2,800M in 2026-2028; $3.25B debt in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000104786224000013/0001047862-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000104786224000013/ed-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001047862-24-000013

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