---
schema_version: "secwatch.filing_event.v1"
accession: "0001047862-24-000032"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-02T23:47:20.100972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Con Edison Q1 adjusted EPS $2.15 vs $1.83 YoY; reaffirms FY $5.20-$5.40

## Summary
- Reported net income $720M ($2.08 EPS) vs $1,433M ($4.06 EPS) in Q1 2023; adjusted EPS up 17.5%.
- Adjusted earnings $742M ($2.15 EPS) exclude HLBV and prior-year Clean Energy sale impacts.
- Reaffirmed FY2024 adjusted EPS guidance range of $5.20 to $5.40.
- Approved Reliable Clean City – Idlewild Project: $1.2B investment in two Queens substations for grid modernization.
- Noted 50 consecutive years of dividend increases; CFO cites solid utility rate base growth through 2028.

## SEC filing metadata
- accession: 0001047862-24-000032
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000104786224000032/0001047862-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23632/000104786224000032/ed-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047862-24-000032
- JSON: https://secwatch.observer/filing/0001047862-24-000032.json
- Plain text: https://secwatch.observer/filing/0001047862-24-000032.txt

## Key facts
- Earnings Releases
  CONSOLIDATED EDISON INC reported year of 2024 results: EPS $5.20 to $5.40 per share. Guidance reaffirmed.
  - Period: year of 2024
  - EPS: $5.20 to $5.40 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For the year of 2024, Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $5.20 to $5.40 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786224000032/0001047862-24-000032-index.htm
- Earnings Releases
  CONSOLIDATED EDISON INC reported three months ended March 31, 2024 results: EPS $2.15 a share.
  - Period: three months ended March 31, 2024
  - EPS: $2.15 a share
  - Result: reported results
  source text: Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 first quarter net income for common stock of $720 million or $2.08 a share com pared with $1,433 million or $4.06 a share in the 2023 first quarter .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786224000032/0001047862-24-000032-index.htm
- Earnings Releases
  CONSOLIDATED EDISON INC reported three months ended March 31, 2024 results: EPS $2.15 a share.
  - Period: three months ended March 31, 2024
  - EPS: $2.15 a share
  - Result: reported results
  source text: Adjusted earnings were $742 million or $2.15 a sh are in the 2024 period compared with $645 million or $1.83 a share in the 2023 period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047862/000104786224000032/0001047862-24-000032-index.htm

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