Consolidated Edison Inc. (Con Edison), the largest energy provider in New York state, is expanding its electric vehicle (EV) charging infrastructure to support its goal of electrifying 100% of its light-duty fleet by 2035, with an interim target of 80% by 2030. The utility currently operates over 165 EV charging stations and 205 charging plugs across its 20 properties in New York City, Orange, Rockland, and Westchester Counties. It plans to increase this to more than 300 charging plugs by the end of 2025 and aims for 2,000 charging stations by 2030. Con Edison has deployed a range of electric and hybrid vehicles, including the Chevy Bolt EV, Ford Lightning, and Freightliner eCascadia. The utility emphasizes strategic planning, including site assessments, load analysis, and infrastructure design, with a focus on modular, upgradeable, and smart charging systems that support future scalability, cost-effectiveness, and data collection for energy optimization.

Mizuho raised its price target for Consolidated Edison (ED) from $107.00 to $112.00, maintaining an Outperform rating, following strong second-quarter 2025 earnings with adjusted EPS of $0.68, exceeding expectations. The company reported $15 billion in annual revenues and $71 billion in assets as of March 31, 2025, and reaffirmed a long-term EPS growth rate of 6% to 7%. It has paid dividends for 50 consecutive years with a current yield of 3.24%. Mizuho cited stable earnings, a low beta of 0.23, absence of holding company debt, and lack of wildfire risk as key support for its valuation. Settlement discussions are ongoing in the CECONY rate case, with Mizuho stating no reasonable scenario for a return on equity below 9.25%. The firm dismissed political interference concerns as 'over-blown' and noted the stock is trading above fair value. UBS also maintained a Neutral rating and price target of $112.00, highlighting a higher-than-expected return on equity in the rate case, though revenue growth was minimal. Brendan Cavanagh, CEO of SBA Communications, will join Consolidated Edison’s Board of Directors on October 1, 2025.

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.

Consolidated Edison reported stronger-than-expected Q2 earnings, with revenues increasing year-over-year, indicating improved financial performance and operational efficiency.

Consolidated Edison, Inc. reported second-quarter 2025 adjusted earnings of 67 cents per share, exceeding the Zacks Consensus Estimate of 66 cents by 1.5%, and posting a 13.6% year-over-year increase from 59 cents in the prior-year quarter. GAAP earnings reached 68 cents per share, up from 58 cents in the same period last year. Total operating revenues of $3.60 billion surpassed the estimate of $3.39 billion by 6.2%, driven by growth in electric, gas, steam, and non-utility revenues. Electric revenues rose 8.9% to $2.78 billion, gas revenues surged 22.2% to $711 million, and steam revenues increased 20.5% to $106 million. Non-utility revenues were $1 million, up from nil in the prior year. Operating expenses rose 11.7% to $3.24 billion, with fuel expenses increasing 80% and gas purchase costs rising 151.5%. Operating income increased 10.9% year over year to $355 million. Cash and temporary investments stood at $1.51 billion as of June 30, 2025, and long-term debt remained stable at $24.66 billion. The company reaffirmed its 2025 adjusted EPS guidance of $5.50–$5.70, slightly below the Zacks Consensus Estimate of $5.63. The company currently holds a Zacks Rank #3 (Hold).