NYSE:ED

Con Edison Q3 Earnings Rise as 2026 EPS Outlook Narrows

Consolidated Edison (NYSE: ED) reported higher third-quarter earnings as regulated utility operations continued to support steady profit growth.

Third-quarter net income increased to $766 million, or $2.07 per share, from $688 million, or $1.91 per share, a year earlier. Adjusted EPS also rose to $2.07 from $1.90.

For the first nine months of 2026, adjusted earnings increased to $1.86 billion, or $5.08 per share, compared with $1.72 billion, or $4.82 per share, in the prior-year period.

Con Edison now expects full-year adjusted EPS of $6.05-$6.15, narrowing its previous guidance range of $6.00-$6.20.

The company also reiterated plans to invest heavily in grid modernization and resilience, including approximately $797 million in climate-related investments through 2030.

The results point to continued earnings growth from Con Edison’s regulated utility base, while the narrower guidance range provides greater visibility into full-year performance.
Consolidated Edison, Inc (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable March 16, 2026 to stockholders of record as of February 18, 2026.
Consolidated Edison, Inc (NYSE:ED) plans to report its 2025 earnings on February 19, 2026 after the market closes.

Dividend Growth Stocks: Consolidated Edison, Inc. (ED) Dividend Stock Analysis

Consolidates Edison dividend ...

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Consolidated Edison, Inc. (Con Edison) has entered into an underwriting agreement with Barclays Capital Inc. for the sale of 6.3 million common shares. The shares were registered under the Securities Act of 1933 through a previously filed registration statement. The filing includes the underwriting agreement, a legal opinion from Senior Vice President and General Counsel Deneen Donnley, and related exhibits.