secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001047862-24-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Con Edison Q2 GAAP EPS $0.58 vs $0.65 YoY; reaffirms 2024 adjusted EPS guidance $5.20-$5.40
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- Q2 2024 GAAP net income $202M ($0.58/diluted share) vs $226M ($0.65) in Q2 2023.
- H1 2024 GAAP net income $922M ($2.67) vs $1,658M ($4.74) in H1 2023 which included Clean Energy Businesses sale gain.
- Adjusted H1 EPS rose to $2.73 from $2.45 YoY, excluding HLBV accounting and sale impacts.
- Full-year 2024 adjusted EPS guidance reaffirmed at $5.20-$5.40, excluding HLBV and other items.
- CEO cites reliable electric service and infrastructure investments to support clean energy transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000104786224000048/0001047862-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000104786224000048/ed-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001047862-24-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer