Consolidated Edison Third Quarter 2024 Earnings: EPS Beats Expectations
EPS: US$1.70 (up from US$1.53 in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Integrated Utilities industry in the US.