Consolidated Edison (ED) reported $4.07 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 13.2%. EPS of $0.83 for the same period compares to $0.67 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.74 billion, representing a surprise of +8.66%. The company delivered an EPS surprise of +12.16%, with the consensus EPS estimate being $0.74.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Con Ed performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Operating revenues- O&R: $263 million versus $262.07 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.5% change.
  • Operating revenues- CECONY: $3.81 billion versus the two-analyst average estimate of $3.53 billion. The reported number represents a year-over-year change of +13.9%.
  • Operating Income- O&R: $16 million versus the two-analyst average estimate of $18.9 million.
  • Operating Income- CECONY: $539 million versus the two-analyst average estimate of $432.62 million.

View all Key Company Metrics for Con Ed here>>>

Shares of Con Ed have returned -3.4% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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