Con Edison Reports Q3 Adjusted EPS of $2.07, Narrows 2026 Guidance
Con Edison reported third-quarter 2026 adjusted EPS of $2.07, up from $1.90 a year earlier, and revenue of $4.913 billion, up 8.5%. It narrowed full-year 2026 EPS guidance to $6.05–$6.15. The company also reached an agreement on a Steam business investment plan, which awaits formal approval.
Consolidated Edison, Inc. (NYSE: ED) announced its third-quarter 2026 financial results, reporting an adjusted EPS of $2.07, which surpassed analyst estimates and represented an increase from $1.90 in the prior-year period. Revenue for the quarter grew 8.5% to $4.913 billion. Following these results, the company narrowed its full-year 2026 EPS guidance to a range of $6.05—$6.15.
Additionally, the company reached an agreement with its regulator and other stakeholders regarding a new investment plan for its Steam business, which is currently awaiting formal approval.