Consolidated Edison reported quarterly earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.32 by $0.15, or about 6.5%. EPS also declined from $2.25 a year ago, indicating some pressure on near-term profitability. The miss is meaningful for the stock but does not suggest a broader sector event.
Consolidated Edison reported quarterly earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.32 by $0.15, or about 6.5%. EPS also declined from $2.25 a year ago, indicating some pressure on near-term profitability. The miss is meaningful for the stock but does not suggest a broader sector event.
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moderately negative
Sentiment Score
-0.28
Ticker Sentiment