|Bid||78.09 x 800|
|Ask||78.15 x 900|
|Day's Range||78.09 - 80.13|
|52 Week Range||65.56 - 83.92|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||23.04|
|Earnings Date||Aug 04, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||3.10 (3.97%)|
|Ex-Dividend Date||May 18, 2021|
|1y Target Est||72.79|
Consolidated Edison's (ED) top line increases 13.7% year over year in Q1 primarily owing to higher electric, gas, steam and non-utility revenues.
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2021 first quarter net income for common stock of $419 million or $1.23 a share compared with $375 million or $1.13 a share in the 2020 first quarter. Adjusted earnings were $491 million or $1.44 a share in the 2021 period compared with $451 million or $1.35 a share in the 2020 period. Adjusted earnings and adjusted earnings per share in the 2021 period exclude the impact of the impairment loss related to Con Edison's investment in Stagecoach Gas Services, LLC (Stagecoach). Adjusted earnings and adjusted earnings per share in the 2021 and 2020 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments in certain renewable and sustainable electric production projects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and the net mark-to-market effects of the Clean Energy Businesses.
Con Ed (ED) delivered earnings and revenue surprises of 5.15% and 4.77%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?