Con Edison (ED) Q2 Net Income Jumps 22%

Consolidated Edison (NYSE:ED), a major regulated utility serving New York and parts of New Jersey, reported Q2 2025 earnings on August 7, 2025. The key headline was that adjusted earnings per share (non-GAAP) reached $0.67, exceeding analyst forecasts of $0.64. Net income (GAAP) increased to $246 million, representing a sizable year-over-year gain. Despite ongoing regulatory and cost pressures, the company maintained its full-year 2025 adjusted (non-GAAP) profit outlook and reinforced progress on infrastructure investments and clean energy projects. Overall, the quarter showed steady earnings momentum, as reflected in Con Edison's adjusted earnings (non-GAAP) of $0.67 per share with effective management of both operational challenges and regulatory decisions. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Consolidated Edison is a regulated energy company that supplies electricity, gas, and steam to millions of customers across New York City, Westchester County, and areas of northern New Jersey. Its core business is operating utility infrastructure, which includes the maintenance and upgrade of power lines, substations, and gas systems to ensure reliable day-to-day service.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool