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Consolidated Edison, Inc.

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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.

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