Consolidated Edison Inc

ED: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$87.00	Kbsf	Pgmbcjcy

ConEd's Growth Outlook Depends on CECONY Rate Case, Clean Energy Business Sale

Travis Miller

Aug 5, 2022

We are reaffirming our $86 per share fair value estimate after Consolidated Edison reported $0.64 per share adjusted second-quarter earnings, up from $0.53 in the second quarter of 2021. Results are on track to meet our 2022 full-year outlook. We are reaffirming our long-term forecasts along with our no-moat and stable moat trend ratings.

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