Consolidated Edison, Inc. (NYSE:ED) will report its 2020 earnings on February 18, 2021, after market close. As a major energy-delivery company, Con Edison boasts approximately $13 billion in annual revenues and $60 billion in assets. The company operates through various subsidiaries, including a regulated utility serving New York City and Westchester County, as well as firms specializing in renewable energy and transmission projects.
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On the day this news was published, ED gained 2.63%, reflecting a moderate positive market reaction.
NEW YORK, Jan. 22, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2020 earnings on February 18, 2021 after the market closes.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $13 billion in annual revenues and $60 billion in assets. 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, gas and steam service in New York City and Westchester County, New York; 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; Con Edison Clean Energy Businesses, Inc., which through its subsidiaries develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric and natural gas transmission projects.