Consolidated Edison Inc. Earnings Rise 19% In Q4
WASHINGTON (dpa-AFX) - Consolidated Edison Inc.
(ED) announced a profit for its fourth quarter that climbed from last year.
The company said its bottom line totaled $211 million, or $0.69 per share. This was higher than $178 million, or $0.61 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.66 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue held steady at $2.71 billion
Consolidated Edison Inc. earnings at a glance:
-Earnings (Q4): $211 Mln. vs. $178 Mln. last year. -Earnings Growth (Y-o-Y): 18.5% -EPS (Q4): $0.69 vs. $0.61 last year. -EPS Growth (Y-o-Y): 13.1% -Analysts Estimate: $0.66 -Revenue (Q4): $2.71 Bln vs. $2.71 Bln last year. -Revenue Change (Y-o-Y): 0%
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