ED Consolidated Edison Inc.

Con Edison to Report 1st Quarter 2020 Earnings on May 7

Con Edison to Report 1st Quarter 2020 Earnings on May 7

NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2020 earnings on May 7, 2020 after the market closes.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $13 billion in annual revenues and $58 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., which through its subsidiaries develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric and natural gas transmission projects.

Contact:Robert McGee
 212-460-4111

 



EN
22/04/2020

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Reports on Consolidated Edison Inc.

Consolidated Edison, Inc.: Update following upgrade to Baa1

Our credit view of ConEd reflects its large, low-risk transmission and distribution utility subsidiary with around $40 billion of utility rate base.

Consolidated Edison Company of New York, Inc.: Update following upgrad...

Our credit view of CECONY reflects improving regulatory support and financial metrics, as well as its low-risk T&D operations in a more predictable regulatory environment.

Dave Nicoski ... (+2)
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Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Consolidated Edison Company of New York, Inc.: Update following outloo...

Our credit view of CECONY reflects improving financials due to New York cost recovery and a large electric T&D business that offsets energy transition risks to its gas and steam networks.

Consolidated Edison, Inc.: Update following outlook change to positive

ConEd's credit reflects improving financials due to New York cost recovery provisions and a large electric T&D business that offsets energy transition risks to its gas and steam networks.

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