ED · 8-K · 20261105PR000157

Guidance / Outlook

CONSOLIDATED EDISON INC · 2026-11-05 · Importance 51 · Surprise 60 · In source text

For 2026, Con Edison expects adjusted earnings per share of $6.05 to $6.15, compared with its previous forecast of $6.00 to $6.20. The adjusted forecast excludes the after-tax $0.37-per-share gain on the sale of its equity interest in Mountain Valley Pipeline and $0.01 per share of basis-difference accretion. It also excludes transaction costs related to the strategic alternatives review of its interests in Mountain Valley Pipeline and Honeoye Storage Corporation, and the effects of HLBV accounting for tax equity investments; those amounts will not be determinable until year-end.

Key facts

• Con Edison expects 2026 adjusted earnings per share of $6.05 to $6.15, compared with its previous forecast range of $6.00 to $6.20. source
• Con Edison’s 2026 adjusted EPS guidance excludes the after-tax gain on the sale of its MVP equity interest of $0.37 per share and MVP basis-difference accretion of $0.01 per share. source
• Con Edison identifies potential adverse effects from extensive regulation and substantial penalties applicable to its subsidiaries. source
• Con Edison states it requires access to capital markets to satisfy funding requirements. source

Impact estimates