Consolidated Edison Inc
ED: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$25.00 | Nhjr | Zblzcgp |
Con Ed Earnings: Firm Is Executing Capital Investment Plan to Support Clean Energy
We are reaffirming our $91 per share fair value estimate for Consolidated Edison after the company reported earning $2.15 per share on an adjusted basis during the first quarter, up from $1.83 during the first quarter of 2023. Earnings are on track to meet our full-year estimate and management's $5.20-$5.40 EPS guidance range.