Earnings PerformanceConsolidated Edison, Inc. reported Q1 adjusted operating EPS of $2.26, which is higher than Consensus and BofA estimates.
EPS Growth OutlookConEd's guidance of EPS growth at 6-7% through 2029 is based on a solid rate base growth and authorized ROE, indicating a strong long-term outlook.
Rate Case Settlement PotentialCECONY has a long history of reaching rate case settlements, and a similar outcome is expected in the upcoming case.