8/11/2025, 2:15:01 AM | ca.finance.yahoo.com | news
Consolidated Edison Second Quarter 2025 Earnings: Beats Expectations
Consolidated Edison (ED) reported stronger-than-expected financial results for its second quarter of 2025, with revenue of $3.60 billion, up 12% year-over-year, and net income of $246 million, an increase of 22% from the same period in 2024. The company's profit margin improved to 6.8%, up from 6.3% in the prior year quarter, driven by higher revenue. Earnings per share (EPS) rose to $0.68, exceeding analyst estimates by 1.2%. Revenue is projected to grow at an average rate of 4.2% annually over the next three years, slightly below the 5.0% forecast for the U.S. Integrated Utilities industry. The company's share price remained stable compared to the previous week. The article also highlights two warning signs for the company, one of which is considered concerning.