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Jun 30, 2022
ConEd Q2 2022 Earnings Report
Con Edison reported an increase in second quarter earnings compared to the previous year.
Key Takeaways
Consolidated Edison, Inc. reported a net income for common stock of $255 million, or $0.72 a share, for the second quarter of 2022, compared to $165 million, or $0.48 a share, for the second quarter of 2021. Adjusted earnings were $228 million, or $0.64 a share, compared to $182 million, or $0.53 a share in the 2021 period.
Second quarter net income for common stock was $255 million, or $0.72 a share.
Adjusted earnings were $228 million, or $0.64 a share.
Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.40 to $4.60 per share for the year of 2022.
Con Edison is considering strategic alternatives with respect to its Clean Energy Businesses.
Forward Guidance
Con Edison reaffirmed its previous forecast of adjusted earnings per share to be in the range of $4.40 to $4.60 per share for the year of 2022. Con Edison is considering strategic alternatives with respect to its Clean Energy Businesses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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