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Consolidated Edison — Third Quarter 2026 Earnings Summary

  • Third-quarter 2026 net income rose to $766 million ($2.07 per share) from $688 million ($1.91 per share) in the prior year period, while nine-month net income increased to $1,998 million ($5.44 per share) from $1,726 million ($4.84 per share).
  • Full-year 2026 adjusted earnings guidance was narrowed to $6.05–$6.15 per share from a previous range of $6.00–$6.20 per share.
  • Nine-month results included a $134 million gain from the sale of the equity interest in Mountain Valley Pipeline, LLC, alongside transaction costs related to strategic alternatives reviews.
  • The company plans to invest approximately $797 million in climate resilience from 2026 through 2030 and has reached an agreement on a new Steam business investment plan pending regulatory approval.
Company
CONSOLIDATED EDISON INC
Sector
Utilities
Industry
Utilities - Regulated Electric