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Con Ed (ED) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2025, Consolidated Edison (ED - Free Report) reported revenue of $4.8 billion, up 12.1% over the same period last year. EPS came in at $2.25, compared to $2.15 in the year-ago quarter.
The reported revenue represents a surprise of +8.98% over the Zacks Consensus Estimate of $4.4 billion. With the consensus EPS estimate being $2.30, the EPS surprise was -2.17%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Con Ed performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating revenues- CECONY: $4.44 billion versus the three-analyst average estimate of $4.09 billion.
Operating revenues- O&R: $356 million versus $313.27 million estimated by three analysts on average.
Operating revenues- O&R- Gas: $141 million compared to the $102.18 million average estimate based on two analysts. The reported number represents a change of +24.8% year over year.
Operating revenues- CECONY- Electric: $2.69 billion versus $2.50 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
Operating revenues- CECONY- Gas: $1.40 billion versus $1.26 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.
Operating revenues- CECONY- Steam: $354 million versus $301.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.3% change.
Operating revenues- O&R- Electric: $215 million compared to the $210.49 million average estimate based on two analysts. The reported number represents a change of +10.3% year over year.
Operating revenues- Gas: $1.54 billion versus the two-analyst average estimate of $1.37 billion. The reported number represents a year-over-year change of +13.8%.
Operating revenues- Electric: $2.90 billion versus the two-analyst average estimate of $2.71 billion. The reported number represents a year-over-year change of +10.1%.
Operating revenues- Steam: $354 million versus $301.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.3% change.
Operating Income- O&R: $62 million versus the three-analyst average estimate of $58.52 million.
Operating Income- CECONY: $1.07 billion versus the three-analyst average estimate of $1.02 billion.
Shares of Con Ed have returned +2.9% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Con Ed (ED) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2025, Consolidated Edison (ED - Free Report) reported revenue of $4.8 billion, up 12.1% over the same period last year. EPS came in at $2.25, compared to $2.15 in the year-ago quarter.
The reported revenue represents a surprise of +8.98% over the Zacks Consensus Estimate of $4.4 billion. With the consensus EPS estimate being $2.30, the EPS surprise was -2.17%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Con Ed performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating revenues- CECONY: $4.44 billion versus the three-analyst average estimate of $4.09 billion.
- Operating revenues- O&R: $356 million versus $313.27 million estimated by three analysts on average.
- Operating revenues- O&R- Gas: $141 million compared to the $102.18 million average estimate based on two analysts. The reported number represents a change of +24.8% year over year.
- Operating revenues- CECONY- Electric: $2.69 billion versus $2.50 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
- Operating revenues- CECONY- Gas: $1.40 billion versus $1.26 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.
- Operating revenues- CECONY- Steam: $354 million versus $301.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.3% change.
- Operating revenues- O&R- Electric: $215 million compared to the $210.49 million average estimate based on two analysts. The reported number represents a change of +10.3% year over year.
- Operating revenues- Gas: $1.54 billion versus the two-analyst average estimate of $1.37 billion. The reported number represents a year-over-year change of +13.8%.
- Operating revenues- Electric: $2.90 billion versus the two-analyst average estimate of $2.71 billion. The reported number represents a year-over-year change of +10.1%.
- Operating revenues- Steam: $354 million versus $301.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.3% change.
- Operating Income- O&R: $62 million versus the three-analyst average estimate of $58.52 million.
- Operating Income- CECONY: $1.07 billion versus the three-analyst average estimate of $1.02 billion.
View all Key Company Metrics for Con Ed here>>>Shares of Con Ed have returned +2.9% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.