Consolidated Edison Inc

ED: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$45.00	Nsx	Cqlkmczzr

Con Ed Earnings: Firm Is Executing Capital Investment Plan to Support Clean Energy

Travis Miller

May 4, 2024

We are reaffirming our $91 per share fair value estimate for Consolidated Edison after the company reported earning $2.15 per share on an adjusted basis during the first quarter, up from $1.83 during the first quarter of 2023. Earnings are on track to meet our full-year estimate and management's $5.20-$5.40 EPS guidance range.

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