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Jun 30, 2021
ConEd Q2 2021 Earnings Report
Reported second quarter earnings, reflecting the impact of adverse weather events and progress in building resilient energy infrastructure and transitioning to clean energy.
Key Takeaways
Consolidated Edison reported a decrease in net income for the second quarter of 2021, with $165 million or $0.48 per share, compared to $190 million or $0.57 per share in the second quarter of 2020. Adjusted earnings were $182 million or $0.53 per share, compared to $201 million or $0.60 per share in the same period last year.
Net income for common stock was $165 million or $0.48 a share in Q2 2021, compared to $190 million or $0.57 a share in Q2 2020.
Adjusted earnings were $182 million or $0.53 a share in Q2 2021, compared to $201 million or $0.60 a share in Q2 2020.
Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.15 to $4.35 per share for the year of 2021.
Company continued to make progress on building smarter, more resilient energy infrastructure and transitioning to a clean energy future.
Forward Guidance
Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.15 to $4.35 per share for the year of 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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