Consolidated Edison, Inc. Earnings

Consolidated Edison, Inc.’s revenue jumped 5.68% since last year same period to $4092Mn in the Q3 2024. On a quarterly growth basis, Consolidated Edison, Inc. has generated 27.08% jump in its revenue since last 3-months.

Consolidated Edison, Inc.’s net profit jumped 11.79% since last year same period to $588Mn in the Q3 2024. On a quarterly growth basis, Consolidated Edison, Inc. has generated 191.09% jump in its net profits since last 3-months.

Consolidated Edison, Inc.’s net profit margin jumped 5.78% since last year same period to 14.37% in the Q3 2024. On a quarterly growth basis, Consolidated Edison, Inc. has generated 129.06% jump in its net profit margins since last 3-months.

Consolidated Edison, Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 17.4.

Consolidated Edison, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.62 - a 184.21% jump from last quarter’s estimates.

Consolidated Edison, Inc.’s earning per share (EPS) estimates for the current year stand at 1.62.

Consolidated Edison, Inc.’s earning per share (EPS) jumped 3.7% since last year same period to 1.68 in the Q3 2024. This indicates that the Consolidated Edison, Inc. has generated 3.7% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Consolidated Edison, Inc.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Consolidated Edison, Inc.’s return on equity (ROE) stands at 0.09.

Consolidated Edison, Inc. declared 0.83 dividend per share during the earnings announcement for Q3 2024.