Consolidated Edison (ED) Set to Release Earnings on Thursday

Key Points

• Consolidated Edison is expected to report Q3 2026 results after market close on November 5. Analysts anticipate earnings of $2.03 per share on $4.75 billion in revenue, while the company’s full-year EPS guidance is $6.00–$6.20.
• The utility’s previous quarter exceeded expectations, with EPS of $0.83 versus the $0.76 consensus and revenue of $4.07 billion versus estimates of $3.60 billion.
• Analyst sentiment remains cautious: ED has a consensus “Reduce” rating and an average price target of $108.09, below its reported opening price of $114.18. The company also declared a quarterly dividend of $0.8875 per share, yielding approximately 3.1% annually.

Consolidated Edison (NYSE:ED - Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $2.03 per share and revenue of $4.75 billion for the quarter. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 4:00 PM ET.

Consolidated Edison (NYSE:ED - Get Free Report) last announced its earnings results on Thursday, August 6th. The utilities provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. Consolidated Edison had a return on equity of 8.44% and a net margin of 12.53%. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.60 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. On average, analysts expect Consolidated Edison to post $6.10 EPS for the current fiscal year and $6.49 EPS for the next fiscal year.

Consolidated Edison Stock Down 0.7%

Shares of NYSE:ED opened at $114.18 on Thursday. The firm has a market capitalization of $42.23 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 4.01 and a beta of 0.26. The business has a 50 day simple moving average of $107.41 and a two-hundred day simple moving average of $108.76. Consolidated Edison has a 1 year low of $94.96 and a 1 year high of $116.50. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.27 and a quick ratio of 1.17.

Consolidated Edison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.8875 per share. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, November 18th. Consolidated Edison's dividend payout ratio (DPR) is currently 58.29%.

Analyst Upgrades and Downgrades

Several brokerages have commented on ED. LADENBURG THALM/SH SH upped their price objective on Consolidated Edison from $101.00 to $113.50 and gave the company a "neutral" rating in a research report on Monday, July 13th. HSBC assumed coverage on Consolidated Edison in a research report on Thursday, October 22nd. They set a "hold" rating and a $104.00 target price for the company. Mizuho set a $108.00 target price on shares of Consolidated Edison in a research note on Wednesday, October 7th. Bank of America cut their price target on shares of Consolidated Edison from $105.00 to $96.00 in a report on Friday, October 2nd. Finally, The Goldman Sachs Group decreased their price objective on shares of Consolidated Edison from $106.00 to $102.00 in a report on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $108.09.

Consolidated Edison Company Profile

Consolidated Edison, Inc is a diversified energy company headquartered in New York City. Through its regulated utility subsidiaries, the company delivers electricity, natural gas and steam to residential, commercial and industrial customers.

Its principal subsidiary, Consolidated Edison Company of New York, provides electric service throughout New York City and Westchester County, along with gas service in Manhattan, the Bronx, parts of Queens and Westchester County, and steam service in parts of Manhattan.

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