Con Edison to Report 3rd Quarter 2024 Earnings on November 7
Con Edison (NYSE: ED) has announced it will release its 3rd Quarter 2024 earnings report on November 7, 2024, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Con Edison (NYSE: ED) has announced it will release its 3rd Quarter 2024 earnings report on November 7, 2024, after market close. The company, one of the nation's largest investor-owned energy-delivery companies, reported $15 billion in annual revenues for 2023 and holds $68 billion in assets as of June 30, 2024. Con Edison operates through several subsidiaries, providing electric, gas, and steam services across New York City, Westchester County, southeastern New York State, and northern New Jersey, while also managing transmission assets through Con Edison Transmission, Inc.
Positive
- Strong asset base of $68 billion as of June 30, 2024
- Substantial annual revenue of $15 billion in 2023
- Diversified energy services portfolio across multiple regions
Negative
- None.
Details
News Market Reaction – ED
The recorded move for ED in the trading session of this news was -0.37%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately
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SOURCE Consolidated Edison, Inc.
FAQ
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