earnings
confidence high
sentiment positive
materiality 0.75
Con Edison reports 2024 adjusted EPS $5.40, guides 2025 adjusted EPS $5.50-$5.70
CONSOLIDATED EDISON INC
2024-FY EPS reported
$5.24
revenue$15,256,000,000
- Full-year 2024 net income $1,820M ($5.26/share) vs $2,519M ($7.25/share) in 2023; adjusted earnings $1,868M ($5.40/share) vs $1,762M ($5.07/share).
- Q4 2024 net income $310M ($0.90/share) vs $335M ($0.97/share) in Q4 2023; adjusted Q4 EPS $0.98 vs $1.00.
- 2025 adjusted EPS guidance range $5.50-$5.70; 5-year CAGR target 6%-7% from 2025 base.
- Capital investment plan: $5.1B in 2025, $8.1B in 2026, $24.5B aggregate 2027-2029.
- Plans to issue up to $1.35B of common equity in 2025; $1.75B long-term debt in 2025.