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Consolidated Edison, Inc. - ED STOCK NEWS

Welcome to our dedicated news page for Consolidated Edison (Ticker: ED), a resource for investors and traders seeking the latest updates and insights on Consolidated Edison.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Consolidated Edison's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Consolidated Edison's position in the market.

Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents per share on its common stock, payable on June 14, 2024, to stockholders of record as of May 15, 2024. With annual revenues of approximately $15 billion and assets totaling $66 billion, Con Edison is a major player in the energy delivery sector, offering a wide range of energy products and services through its subsidiaries. The company serves customers in New York City, Westchester County, Manhattan, the Bronx, Queens, Westchester, southeastern New York State, and northern New Jersey.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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dividends
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Rhea-AI Summary
Consolidated Edison, Inc. (NYSE: ED) is set to announce its 1st Quarter 2024 earnings on May 2, 2024. The company, a major energy-delivery player, boasts $15 billion in annual revenues and $66 billion in assets. It offers a broad spectrum of energy-related products and services through its subsidiaries, including regulated utilities and transmission projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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conferences earnings
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Rhea-AI Summary
Consolidated Edison, Inc. (ED) Chairman & CEO Tim Cawley to meet with investors in Europe to discuss Q4 and FY 2023 financial results and clean energy strategy. Con Edison is a leading energy-delivery company with $15 billion in annual revenues and $66 billion in assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
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conferences
News
Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) reports significant growth in 2023 with net income for common stock of $2,519 million, adjusted earnings of $1,762 million, and positive outlook for 2024. The company focuses on clean energy investments, debt reduction, and infrastructure projects to support customer needs and enhance reliability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents per share on its common stock, marking the 50th consecutive annual increase for stockholders. This reflects the company's emphasis on providing a return to investors while meeting the needs of customers during the clean energy transition. The company plans to target a dividend payout ratio of between 55% and 65% of its adjusted earnings. However, the press release contains a forward-looking statement, and actual results may differ due to various factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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dividends
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Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2023 earnings on February 15, 2024 after the market closes. The company is one of the largest energy-delivery companies in the US, with $16 billion in annual revenues and $64 billion in assets. It provides a wide range of energy-related products and services through its subsidiaries, including electric, gas, and steam service in New York and New Jersey. Con Edison also focuses on developing electric transmission projects for clean, renewable electricity in various states. The earnings report will be a key event for investors and traders, providing insights into the company's financial performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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conferences earnings
Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) executives to attend investor conferences in January 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
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conferences
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Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) executives will meet with investors at a series of conferences from December 4 to 8, 2023. The company's leaders will discuss financial results, business strategy, and clean energy initiatives. Con Edison is one of the largest investor-owned energy-delivery companies, with approximately $16 billion in annual revenues and $64 billion in assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
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conferences
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Rhea-AI Summary
Consolidated Edison, Inc. (ED) executives will attend the Edison Electric Institute (EEI) Financial Conference to discuss Q3 2023 financial results and clean energy initiatives. The company is one of the nation's largest energy-delivery companies with $16 billion in annual revenues and $64 billion in assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
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conferences
Rhea-AI Summary
Consolidated Edison, Inc. (Con Edison) reported a 2023 Q3 net income for common stock of $526 million or $1.53 a share, compared to $613 million or $1.73 a share in Q3 2022. Adjusted earnings were $561 million or $1.62 a share in Q3 2023, compared to $579 million or $1.63 a share in Q3 2022. For the first nine months of 2023, net income for common stock was $2,185 million or $6.27 a share, compared to $1,470 million or $4.15 a share in the same period of 2022. Adjusted earnings were $1,416 million or $4.07 a share in the first nine months of 2023, compared to $1,329 million or $3.75 a share in the same period of 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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Consolidated Edison, Inc.

NYSE:ED

ED Rankings

ED Stock Data

30.64B
344.80M
0.17%
68.12%
1.64%
Other Electric Power Generation
Utilities
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US
New York

About ED

con edison is a subsidiary of consolidated edison, inc. [nyse: ed], one of the nation’s largest investor-owned energy companies, with approximately $12 billion in annual revenues and $41 billion in assets. the utility provides electric, gas and steam service to more than 3 million customers in new york city and westchester county, new york. for additional financial, operations and customer service information, visit us on the web at www.coned.com.