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Market Impact: 0.35

Why Con Ed (ED) is Poised to Beat Earnings Estimates Again

Corporate EarningsCompany FundamentalsAnalyst EstimatesAnalyst Insights

Con Ed (ED) has a strong earnings-surprise track record and currently exhibits the two key ingredients that make an upside surprise likely in the next quarterly report. This raises the odds of a modest positive move in the stock on the release; monitor consensus estimates and the company’s pre-report metrics for confirmation.

Analysis

Con Ed (ED) has a strong earnings-surprise track record and currently exhibits the two key ingredients that make an upside surprise likely in the next quarterly report. This raises the odds of a modest positive move in the stock on the release; monitor consensus estimates and the company’s pre-report metrics for confirmation.

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mildly positive

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