earnings
confidence high
sentiment neutral
materiality 0.65
Con Edison Q1 net income $924M ($2.55/share); adjusted EPS $2.18; reaffirms 2026 guidance $6.00-$6.20
CONSOLIDATED EDISON INC
2026-Q1 EPS reported
$2.54
revenue$5,095,000,000
- GAAP net income $924M ($2.55 EPS) vs $791M ($2.26 EPS) in Q1 2025.
- Adjusted earnings $790M ($2.18 EPS) vs $792M ($2.26 EPS) prior year; excludes MVP sale gain and transaction costs.
- Completed sale of MVP equity interest for total consideration of $357.5M.
- Reaffirmed 2026 adjusted EPS guidance range of $6.00-$6.20 per share.
- Settled forward sale of 7 million common shares, proceeds to support capital investment.