Con Edison to Report 2nd Quarter 2024 Earnings on August 1

Rhea-AI Summary

Consolidated Edison (ED) is set to report its 2nd Quarter 2024 earnings on August 1, 2024, post-market. The company, a major investor-owned energy provider, boasts annual revenues of approximately $15 billion and assets totaling $67 billion. Con Edison operates through several subsidiaries: Consolidated Edison Company of New York, Orange and Rockland Utilities, and Con Edison Transmission. These subsidiaries serve various regions including New York City, Westchester County, southeastern New York State, and northern New Jersey, providing electric, gas, and steam services. Con Edison Transmission focuses on electric transmission projects aimed at delivering renewable energy to the Northeast.

Positive

• Con Edison reports annual revenues of approximately $15 billion.
• Company assets total $67 billion.

Negative

• None.

News Market Reaction

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+0.80% News Effect

On the day this news was published, ED gained 0.80%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, July 11, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2^nd Quarter 2024 earnings on August 1, 2024 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 and $67 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 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 that will bring clean, renewable electricity to customers, focusing on New York and the Northeast.

 

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SOURCE Consolidated Edison, Inc.

FAQ

When will Con Edison (ED) report its 2nd Quarter 2024 earnings?

Con Edison (ED) will report its 2nd Quarter 2024 earnings on August 1, 2024, after the market closes.

What are Con Edison's (ED) annual revenues?

Con Edison reports annual revenues of approximately $15 billion.

How much are Con Edison's (ED) total assets worth?

Con Edison's total assets are valued at $67 billion.

Which regions does Consolidated Edison Company of New York serve?

Consolidated Edison Company of New York serves New York City, Westchester County, parts of Manhattan, Bronx, Queens, and Westchester.

What services does Orange and Rockland Utilities, Inc. provide?

Orange and Rockland Utilities, Inc. is a regulated utility serving electric and gas customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey.

What is the focus of Con Edison Transmission?

Con Edison Transmission focuses on electric transmission projects to deliver clean, renewable electricity to customers in New York and the Northeast.