Con Edison to Report 1st Quarter 2025 Earnings on May 1

Rhea-AI Summary

Con Edison (NYSE:ED) has announced it will release its 1st Quarter 2025 earnings report on May 1, 2025, after market close. The company, one of the nation's largest investor-owned energy-delivery companies, reported $15 billion in annual revenues for 2024 and holds $71 billion in assets as of December 31, 2024.

The company operates through key subsidiaries including Consolidated Edison Company of New York, providing electric, gas, and steam services across New York City and Westchester County; Orange and Rockland Utilities, serving southeastern New York State and northern New Jersey; and Con Edison Transmission, which manages electric and gas assets under Federal Energy Regulatory Commission oversight.

Positive

• Strong asset base of $71 billion as of December 31, 2024
• Substantial annual revenue of $15 billion in 2024
• Diversified operations across electric, gas, and steam services

Negative

• None.

News Market Reaction – ED

+2.39%

+2.39% Session move

In the trading session that priced this news, ED gained 2.39%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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NEW YORK, April 9, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2025 earnings on May 1, 2025, after the market closes.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for the year ended December 31, 2024, and $71 billion in assets as of December 31, 2024. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.

 

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SOURCE Consolidated Edison, Inc.

FAQ

When will Con Edison (ED) release its Q1 2025 earnings report?

Con Edison will release its Q1 2025 earnings report on May 1, 2025, after the market closes.

What was Con Edison's (ED) annual revenue for 2024?

Con Edison reported annual revenues of $15 billion for the year ended December 31, 2024.

What is the total asset value of Con Edison (ED) as of 2024?

Con Edison held $71 billion in assets as of December 31, 2024.

What geographical areas does Con Edison (ED) serve through its subsidiaries?

Con Edison serves New York City, Westchester County, southeastern New York State, and northern New Jersey through its subsidiaries.