Con Edison Q2 FY26 net income rises 25.2% to $308 million

Reuters2026/08/06 21:57

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Consolidated Edison posted 2026 Q2 GAAP net income for common stock of $308 million, up 25.2%, lifting GAAP EPS to $0.83 from $0.68.
Adjusted (non-GAAP) EPS rose to $0.83 from $0.67, reflecting $308 million of adjusted earnings versus $240 million a year earlier.
First-half GAAP net income for common stock climbed to $1.23 billion from $1.04 billion, while adjusted (non-GAAP) EPS edged up to $3.00 from $2.91.
Management highlighted continued electric reliability, stepped-up resilience investment for extreme heat, and plans for 28 new substations in service by 2035.
Con Edison reaffirmed 2026 adjusted (non-GAAP) EPS guidance of $6.00 to $6.20.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Consolidated Edison Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608061641PR_NEWS_USPR_____NY21310) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Con Edison Q2 FY26 net income rises 25.2% to $308 million

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