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Compared to Estimates, Con Ed (ED) Q3 Earnings: A Look at Key Metrics
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Consolidated Edison (ED - Free Report) reported $4.91 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 8.5%. EPS of $2.06 for the same period compares to $1.90 a year ago.
The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $4.77 billion. With the consensus EPS estimate being $2.07, the EPS surprise was -0.48%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: $4.55 billion compared to the $4.39 billion average estimate based on two analysts. The reported number represents a change of +8.8% year over year.
Operating revenues- Con Edison Transmission: $1 million versus $1 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
Operating revenues- O&R: $365 million versus the two-analyst average estimate of $357.73 million. The reported number represents a year-over-year change of +4.6%.
Operating Income- O&R: $65 million compared to the $68.91 million average estimate based on two analysts.
Operating Income- CECONY: $1.11 billion versus $1.02 billion estimated by two analysts on average.
Shares of Con Ed have returned +15% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Con Ed (ED) Q3 Earnings: A Look at Key Metrics
Consolidated Edison (ED - Free Report) reported $4.91 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 8.5%. EPS of $2.06 for the same period compares to $1.90 a year ago.
The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $4.77 billion. With the consensus EPS estimate being $2.07, the EPS surprise was -0.48%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:View all Key Company Metrics for Con Ed here>>>
Shares of Con Ed have returned +15% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.