Consolidated Edison's (ED) first-quarter earnings beat estimates and rise year over year by 17.5%. The company's 2024 EPS outlook remains unchanged.
While the top- and bottom-line numbers for Con Ed (ED) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Con Ed (ED) delivered earnings and revenue surprises of 13.76% and 2.89%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?