CONSOLIDATED EDISON INC (NYSE:ED) Beats Q3 2025 Earnings and Revenue Estimates

Earnings Overview

CONSOLIDATED EDISON INC (NYSE:ED) delivered third-quarter 2025 results that surpassed analyst expectations on both top and bottom lines. The utility company reported adjusted earnings of $1.90 per share, outperforming estimates, while revenue also came in above projections. This earnings beat comes during a period where utility stocks face scrutiny regarding regulatory environments and infrastructure investment returns.

Quarterly Performance vs. Estimates

The company's financial results for Q3 2025 demonstrated strength across key metrics:

• Adjusted EPS: $1.90 per share versus analyst estimates of $1.79 per share
• Revenue: $4.53 billion compared to projected $4.34 billion
• Net Income: $688 million, up from $588 million in the same quarter last year
• EPS Growth: Current quarter $1.91 per share versus $1.70 per share in Q3 2024

The earnings release highlighted that adjusted figures exclude the accretion of the basis difference from Con Edison's equity investment in Mountain Valley Pipeline, LLC. This adjustment provides a clearer picture of the company's operational performance by removing non-recurring accounting treatments related to specific investments.

Market Reaction and Price Action

Following the earnings announcement, market participants have shown measured optimism toward Con Edison's results. The stock has experienced mixed trading patterns across different timeframes:

• After-market performance: +1.80%
• One-week performance: -1.22%
• Two-week performance: -3.75%
• One-month performance: -3.78%

The positive after-market movement suggests investors responded favorably to the earnings beat, though the longer-term performance reflects broader sector concerns and market conditions that have weighed on utility stocks in recent weeks.

Forward Outlook and Analyst Expectations

Looking ahead, analysts have established expectations for Con Edison's future performance that will be closely monitored in coming quarters:

• Q4 2025 Revenue Estimate: $3.84 billion
• Q4 2025 EPS Estimate: $1.00 per share
• Full Year 2025 Revenue Estimate: $16.78 billion
• Full Year 2025 EPS Estimate: $5.79 per share

The company's ability to maintain its operational momentum will be critical in meeting these forward-looking estimates, particularly as the utility sector navigates evolving regulatory landscapes and capital investment requirements.

Operational Context

Con Edison's core business of regulated electric, gas, and steam delivery continues to serve as the foundation of its earnings stability. The company's diversified utility operations across New York City, Westchester County, and parts of New Jersey provide geographic diversity within a fundamentally essential service sector. The reported results reflect the company's ongoing execution within its regulated framework while managing investments in infrastructure and transmission projects.

For detailed earnings analysis and updated estimates, readers can access comprehensive data through Con Edison's earnings and estimates page.

Disclaimer: This article presents factual information about CONSOLIDATED EDISON INC's financial results and should not be construed as investment advice. Investors should conduct their own research and consult with financial advisors before making investment decisions.