Back to top

Image: Bigstock

Consolidated Edison, Inc.

Read MoreHide Full Article

Consolidated Edison’s fourth-quarter 2015 earnings surpassed the Zacks Consensus Estimate and were up 5.2% year over year. However, revenues fell short of the Zacks Consensus Estimate by 24.2% and were also down 4.3%. That said, the company has a nice track record of favorable rate decisions by the regulatory authorities, which will likely encourage it to invest more in infrastructure. Moreover, the company follows a systematic capital investment plan for infrastructure development and reliability projects. However, disruption in wholesale energy markets, fluctuating weather patterns and stringent utility regulations could be detrimental to the company’s growth.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Consolidated Edison Inc (ED) - free report >>

Published in