CONSOLIDATED EDISON INC Reports $2.07 in Latest Quarterly Results
CONSOLIDATED EDISON INC reported quarterly results highlighted by 3Q 2026 Financial Highlights $2.07 earnings per share (GAAP) / $2.07 adjusted earnings per share (non-GAAP)(a) Narrowed 2026 adjusted EPS guidance range $6.05 to $6.15 adjusted earnings per share (non- GAAP)(a) CECONY entered into a joint proposal for the Steam rate plan - reflects 9.50% ROE, 48% equity ratio(b) 4 (a) Adjusted EPS is a non-GAAP financial measure. See slide 38 for a reconciliation to the most comparable GAAP information, as applicable. (b) Subject to NYSPSC approval., according to its earnings release filed with an 8-K Thursday.
earnings per share (GAAP) / $2.07. earnings per share (non-GAAP)(a) Narrowed 2026 adjusted EPS guidance range $6.05 to $6.15 adjusted earnings. 3 Our Investment Thesis Con Edison is a proven, resilient investment underpinned by safe, reliable regulated infrastructure and alignment with New York's long-term energy policy goals. 3 • Constructive and transparent regulatory environment ◦ Three years of rate certainty for CECONY electric and gas and two years for O&R electric and gas ◦ Revenue predictability through transparent regulatory environment in New York • Stable, reliable earnings growth underpinned by disciplined financial management ◦ No long-term holding company debt ◦ Prudent capital allocation with continued focus on customer affordability • Strategic positioning for long-term growth through electrification ◦ 8.7% regulated investment base five-year CAGR ◦ Byproduct of customer demand and alignment with local policy • Proven, resilient utility with a 200-year track record ◦ Longest operating investor-owned energy utility in the U.S. ◦ Nation-leading reliability ◦ 4.4% increase in annualized dividend leading to 52nd straight year of dividend increases Pillars of Our Investment Thesis: • Durability & Revenue Predictability • Growth Through Electrification • Serving a Territory of National Importance Requiring Continuous Investment.
Results detail
Further figures in the release included 3Q 2026 Financial Highlights $2.07; e) CECONY vs. Peer Average: • $180; er) CECONY vs. Peer Median: • $216.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by CONSOLIDATED EDISON INC unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures.
Why it matters
For retail investors, the CONSOLIDATED EDISON INC print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- 3Q 2026 Financial Highlights $2.07 earnings per share (GAAP) / $2.07 adjusted earnings per share (non-GAAP)(a) Narrowed 2026 adjusted EPS guidance range $6.05 to $6.15 adjusted earnings per share (non- GAAP)(a) CECONY entered into a joint proposal for the Steam rate plan - reflects 9.50% ROE, 48% equity ratio(b) 4 (a) Adjusted EPS is a non-GAAP financial measure. See slide 38 for a reconciliation to the most comparable GAAP information, as applicable. (b) Subject to NYSPSC approval.
- earnings per share (GAAP) / $2.07
- earnings per share (non-GAAP)(a) Narrowed 2026 adjusted EPS guidance range $6.05 to $6.15 adjusted earnings
- 3 Our Investment Thesis Con Edison is a proven, resilient investment underpinned by safe, reliable regulated infrastructure and alignment with New York's long-term energy policy goals. 3 • Constructive and transparent regulatory environment ◦ Three years of rate certainty for CECONY electric and gas and two years for O&R electric and gas ◦ Revenue predictability through transparent regulatory environment in New York • Stable, reliable earnings growth underpinned by disciplined financial management ◦ No long-term holding company debt ◦ Prudent capital allocation with continued focus on customer affordability • Strategic positioning for long-term growth through electrification ◦ 8.7% regulated investment base five-year CAGR ◦ Byproduct of customer demand and alignment with local policy • Proven, resilient utility with a 200-year track record ◦ Longest operating investor-owned energy utility in the U.S. ◦ Nation-leading reliability ◦ 4.4% increase in annualized dividend leading to 52nd straight year of dividend increases Pillars of Our Investment Thesis: • Durability & Revenue Predictability • Growth Through Electrification • Serving a Territory of National Importance Requiring Continuous Investment
- 3Q 2026 Financial Highlights $2.07
- e) CECONY vs. Peer Average: • $180
Sources
- CONSOLIDATED EDISON INC Form 8-K with quarterly financial results, filed Nov. 5, 2026 (accession 0001047862-26-000157)
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