Consolidated Edison, Inc. (NYSE: ED) is set to announce its 3rd Quarter 2020 earnings on November 5, 2020, after market closure. The company, a major player in the energy sector, generates approximately $13 billion in annual revenues and holds $59 billion in assets. Con Edison provides essential electric, gas, and steam services in New York City and surrounding areas, and engages in renewable energy projects through its subsidiaries.
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On the day this news was published, ED gained 1.38%, reflecting a mild positive market reaction.
NEW YORK, Oct. 21, 2020 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 3rd Quarter 2020 earnings on November 5, 2020 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 $59 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.