ED · Utilities

CONSOLIDATED EDISON INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Net Income and ProfitabilityImportance 52 · Surprise 30
  Consolidated Edison reported second-quarter 2026 net income for common stock of $308 million, or $0.83 per share, versus $246 million, or $0.68 per share, in the second quarter of 2025. Net income increased 25% year…
• Rate Case OutcomesImportance 46 · Surprise 42
  Third-party analysis said Con Edison’s near-term outlook is supported by regulatory certainty following the resolution of key regulatory reviews in 2025. The company’s regulated New York utility operations reportedly…

10-Q · 2026-08-06

• Aged Customer ReceivablesImportance 81 · Surprise 64
  At June 30, 2026, CECONY reported $2,898 million of customer receivables, including $1,385 million aged more than 60 days, while O&R reported $119 million, including $31 million aged. CECONY’s aged balance remained…
• Outstanding IndebtednessImportance 69 · Surprise 50
  CECONY issued $1,300 million of long-term debt in June 2026, consisting of $450 million of 5.15% debentures due 2036 and $850 million of 5.875% debentures due 2056. Consolidated long-term debt increased $1,292 million…
• Capital Expenditures ProgramImportance 66 · Surprise 32
  Con Edison utility capital expenditures increased $53 million to $2,473 million for the six months ended June 30, 2026, while CECONY utility capital expenditures increased $13 million to $2,246 million. CECONY’s net…
• Liquidity and Cash PositionImportance 58 · Surprise 56
  Con Edison cash, temporary cash investments, and restricted cash declined to $1,470 million at June 30, 2026 from $1,507 million at December 31, 2025. Consolidated operating cash flow fell $845 million year over year…
• Interest Rate EnvironmentImportance 52 · Surprise 56
  Con Edison states that inflationary pressure and higher interest rates have increased the capital required by its Utilities and the cost of that capital. The company had $721 million of commercial paper outstanding at…
• Net Income and EPS PerformanceImportance 49 · Surprise 66
  Con Edison’s second-quarter net income for common stock increased $62 million, or 25.2%, to $308 million, and diluted EPS increased from $0.68 to $0.83. Six-month net income rose $194 million, or 18.7%, to $1.232…
• Operating Cash Flow TrendsImportance 48 · Surprise 40
  Con Edison net cash flow from operating activities decreased $845 million for the six months ended June 30, 2026 compared with the 2025 period. The decline primarily reflected a $264 million decrease in accounts…
• Transmission Investment ProgramImportance 46 · Surprise 42
  Con Edison Transmission owns interests in New York Transco transmission projects, including Propel NY Energy, a 90-mile project being developed jointly with the New York Power Authority. New York Transco’s share of…
• State Utility RegulationImportance 44 · Surprise 60
  New York enacted Chapter 58 of the Laws of 2026 in May as part of the Fiscal Year 2026–2027 budget. For utility base-rate filings submitted after January 1, 2027, the law requires a budget-constrained alternative…
• Cybersecurity Regulatory ComplianceImportance 44 · Surprise 60
  The NYSPSC adopted cybersecurity regulations for New York utilities in April 2026, effective June 1, 2026, covering CECONY and O&R. The rules require a risk-based cybersecurity program aligned with the NIST…
• Regulatory Climate TargetsImportance 44 · Surprise 60
  In May 2026, New York State amended the Climate Leadership and Community Protection Act through its fiscal year 2026–2027 budget. The amendments extend the NYSDEC deadline for implementing regulations to December 31,…
• Revenue Performance and MixImportance 41 · Surprise 22
  CECONY’s second-quarter operating revenues increased $465 million, or 13.9%, to $3.805 billion from $3.340 billion in 2025. Electric revenue rose $353 million, or 13.7%, to $2.934 billion, driven primarily by $185…
• Mountain Valley Pipeline DivestitureImportance 41 · Surprise 60
  Con Edison Transmission completed the sale of its approximately 6.6% equity interest in Mountain Valley Pipeline during the first quarter of 2026. The MVP sale generated a $134 million after-tax gain, or $0.37 per…
• CAMT Tax RegulationImportance 40 · Surprise 42
  Con Edison accrued a $72 million corporate alternative minimum tax liability at June 30, 2026, including $68 million attributable to CECONY, before general business credits. Retroactive IRS and Treasury guidance…
• Electric Reliability NeedsImportance 37 · Surprise 42
  NYISO’s July 2026 reliability assessment continued to identify near-term reliability needs in New York City for 2026–2030, dependent on planned transmission and generation projects and demonstrated capability from the…
• Trade Policy and TariffsImportance 35 · Surprise 60
  In February 2026, the U.S. Supreme Court held that tariffs imposed under the International Emergency Economic Powers Act on U.S. imports were unauthorized, while leaving unresolved whether previously collected duties…
• Customer-Sited Energy StorageImportance 31 · Surprise 42
  In April 2026, the New York State Public Service Commission approved modifications to utilities’ Dynamic Load Management programs and updated reporting requirements. The order authorizes CECONY to add a Bring Your Own…
• Electric Delivery DemandImportance 30 · Surprise 40
  CECONY’s six-month electric deliveries increased 2.1% to 26,048 million kWh, with Residential/Religious volumes up 14.4% and Commercial/Industrial volumes up 2.3%, partly offset by a 3.1% decline in retail choice…
• Gas Demand TrendsImportance 30 · Surprise 40
  CECONY gas deliveries increased 3.3% to 175,858 thousand dekatherms, driven by NYPA volumes up 11.6%, generation-plant volumes up 7.7%, and residential volumes up 4.1%. Weather-adjusted firm gas sales and…
• Steam Demand TrendsImportance 30 · Surprise 40
  CECONY steam deliveries increased 2.4% to 10,604 million pounds in the six months ended June 30, 2026. Volume growth was led by General customers, whose deliveries increased 17.0%, while Annual Power deliveries…
• ESG and sustainabilityImportance 29 · Surprise 24
  Con Edison expects electricity usage to increase while gas and steam usage decrease as New York State and New York City implement policies intended to reduce energy-related carbon intensity. The long-term role of…
• Operating Income and MarginsImportance 29 · Surprise 22
  Consolidated operating income increased $250 million, or 16.9%, to $1,730 million for the six months ended June 30, 2026, from $1,480 million in 2025. CECONY operating income rose $232 million to $1,646 million, with…
• Utility Load Demand TrendsImportance 28 · Surprise 32
  CECONY’s five-year forecast for average annual firm peak gas demand changed from 0.2% growth for 2026–2030 to a 0.2% decline for 2027–2031. Its average annual peak steam demand forecast also weakened, changing from a…
• Operating Expense TrendsImportance 18 · Surprise 14
  Total other operations and maintenance expense decreased $10 million, or 1.1%, to $913 million in the second quarter and decreased $24 million, or 1.3%, to $1.851 billion for the first six months. CECONY’s…
• Rate Case OutcomesImportance 10 · Surprise 6
  CECONY applies regulatory accounting to its pension and other postretirement benefit plans under the New York State Public Service Commission (NYSPSC) Statement of Policy. Under its current electric, gas, and steam…

8-K · 2026-08-06

• Regulated Capital Investment PlanImportance 64 · Surprise 42
  Con Edison expects to place 28 new substations into service by 2035. The company also plans to make tens of billions of dollars in additional capital investments to meet customer energy needs. Management said the…
• Acquisition / Partnership / DivestitureImportance 53 · Surprise 60
  Con Edison recorded a $189 million pre-tax, or $134 million after-tax, gain from selling its equity interest in Mountain Valley Pipeline, LLC during the first six months of 2026. The MVP gain increased six-month…
• Net Income and EPS PerformanceImportance 52 · Surprise 30
  Second-quarter 2026 net income for common stock increased 25% to $308 million, or $0.83 per share, from $246 million, or $0.68 per share, in the second quarter of 2025. Second-quarter adjusted earnings rose 28% to $308…
• Data Center / Load GrowthImportance 50 · Surprise 24
  Management cited a vibrant market and growing momentum for building and transportation electrification as supports for its long-term strategy. Con Edison expects electrification-related customer demand to require…
• Rate Case OutcomesImportance 46 · Surprise 42
  CECONY’s second-quarter net income increased by $25 million from a higher electric rate base and the timing of billing a rate increase, and by $23 million from a higher gas rate base and related billing timing. O&R’s…
• Guidance / OutlookImportance 36 · Surprise 24
  Con Edison reaffirmed 2026 adjusted earnings per share guidance of $6.00 to $6.20. The guidance excludes the $0.37-per-share after-tax gain on the MVP equity-interest sale and the $0.01-per-share after-tax accretion of…
• Segment ProfitabilityImportance 32 · Surprise 24
  CECONY contributed a $74 million increase in second-quarter 2026 net income, driven by $25 million from a higher electric rate base and billing-rate timing, $23 million from a higher gas rate base and billing-rate…
• Grid Modernization and ReliabilityImportance 23 · Surprise 24
  Con Edison reported nation-leading electric service reliability and said it is investing in infrastructure and system resilience. The company is preparing its network for periods of extreme heat while supporting New…
• Renewable Generation TransitionImportance 23 · Surprise 24
  Con Edison said its infrastructure investments will continue to support New York’s clean energy transition. Management specifically linked long-term strategy to the growing electrification of buildings and…

News · 2026-08-06

• Net Income and ProfitabilityImportance 52 · Surprise 30
  Consolidated Edison reported second-quarter 2026 net income for common stock of $308 million, or $0.83 per share, versus $246 million, or $0.68 per share, in the second quarter of 2025. Net income increased 25% year…
• Revenue Performance and MixImportance 37 · Surprise 6
  Consolidated Edison reported second-quarter 2026 revenue of $4.07 billion, exceeding Zacks Consensus Estimates. Revenue increased year over year, with stronger electric sales identified as the primary driver. Higher…
• Guidance / OutlookImportance 36 · Surprise 24
  Con Edison reaffirmed its adjusted 2026 earnings-per-share guidance at $6.00–$6.20. Management highlighted ongoing infrastructure investment, electric-service reliability, affordability, and support for New York’s…
• Regulated Capital Investment PlanImportance 34 · Surprise 42
  Con Edison highlighted ongoing infrastructure investments supporting electric-service reliability and New York's clean-energy transition. The company's higher electric and gas rate bases at CECONY were identified as…
• Market Demand TrendsImportance 20 · Surprise 24
  Con Edison reported strong power demand in the second quarter of 2026. Higher electric sales contributed to the company’s improved quarterly performance, indicating increased demand across its service territory. The…
• Dividend DeclarationImportance 13 · Surprise 6
  Consolidated Edison declared a quarterly common-stock dividend of $0.8875 per share. The dividend is payable on September 15, 2026. The company maintained the quarterly dividend at $0.8875 per share while reaffirming…