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Stock impact report

CON EDISON REPORTS 2024 FIRST QUARTER EARNINGS [Yahoo! Finance]

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: Yahoo! Finance
of $720 million or a share compared with $1,433 million or a share in the 2023 first quarter. Adjusted earnings were $742 million or a share in the 2024 period compared with $645 million or a share in the 2023 period. Adjusted earnings and adjusted earnings per share in the 2024 period exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments and adjustments to the gain and other impacts related to the sale of its former subsidiary, Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses), in 2023. Adjusted earnings and adjusted earnings per share in the 2023 period exclude the effects of HLBV accounting for tax equity investments, the gain and other impacts related to the sale of the Clean Energy businesses and the net mark-to-market effects of the Clean Energy Businesses. "We are off to a strong start in 2024 in our efforts to transition to clean energy while maintaining the world-class reliability that our unique serv Show less Read more
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