secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001047862-24-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Con Edison Q3 adj. EPS $1.68 beats prior year; FY guidance narrowed to upper half $5.30-$5.40
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- Q3 net income $588M ($1.70 GAAP EPS) vs $526M ($1.53) YoY; adjusted EPS $1.68 vs $1.62.
- Nine-month adjusted EPS $4.42 vs $4.07; GAAP net income $1,510M down from $2,185M due to 2023 sale gain.
- FY 2024 adj. EPS guidance narrowed to $5.30-$5.40 from $5.20-$5.40.
- CEO cites continued investment in clean energy infrastructure and grid resilience.
- CFO cites solid results and outlook as basis for guidance revision.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000104786224000067/0001047862-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000104786224000067/ed-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001047862-24-000067

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