Consolidated Edison Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Consolidated Edison, Inc. ED reported third-quarter 2025 adjusted earnings of $1.90 per share, which topped the Zacks Consensus Estimate of $1.76 by 7.9%. The bottom line also improved 13.1% from $1.68 recorded in the prior-year quarter.The company reported GAAP earnings of $1.91 per share, up from $1.70 recorded in the year-ago quarter.ED’s Total RevenuesIn the reported quarter, Consolidated Edison's total operating revenues of $4.53 billion surpassed the Zacks Consensus Estimate of $4.16 billion by 8.8%. The top line also increased 10.7% from $4.09 billion reported in the year-ago quarter. Consolidated Edison Inc Price, Consensus and EPS Surprise Consolidated Edison Inc price-consensus-eps-surprise-chart | Consolidated Edison Inc QuoteED’s Segmental DetailsElectric revenues totaled $4.04 billion, which increased 10% from the year-ago quarter’s figure of $3.67 billion.Gas revenues amounted to $433 million, which surged 16.1% from the year-ago quarter’s figure of $373 million.Steam revenues totaled $56 million, which rose 14.3% from the year-ago quarter’s figure of $49 million.Non-utility revenues amounted to $1 million, flat year over year.ED’s Operating StatisticsTotal operating expenses in the third quarter increased 10.2% year over year to $3.56 billion.Purchase power costs rose 21.8%. Other operations and maintenance expenses fell 2.1%. Meanwhile, depreciation and amortization expenses jumped 6.5%. Taxes, other than income taxes, went up 11.2% year over year. Fuel expenses surged 48.1% year over year, and the cost of gas purchased for resale rose 68.7%.The company’s third-quarter operating income went up 12.3% year over year to $968 million.ED’s FinancialsCash and temporary cash investments as of Sept. 30, 2025 totaled $0.02 billion compared with $1.32 billion as of Dec. 31, 2024.The company’s long-term debt was $24.91 billion as of Sept. 30, 2025 compared with $24.65 billion as of 2024-end.During the first nine months of 2025, cash from operating activities amounted to $3.11 billion compared with $2.09 billion in the prior-year period.ED’s 2025 GuidanceConsolidated Edison has narrowed and revised to upper half of the previous 2025 guidance. It expects to generate adjusted earnings per share (EPS) in the range of $5.60-$5.70 compared with the previous projection of $5.50-$5.70. The Zacks Consensus Estimate for 2025 earnings is pegged at $5.62, which is higher than the midpoint of the company’s revised guided range.ED’s Zacks RankConsolidated Edison currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Recent Utility ReleasesNextEra Energy, Inc. NEE reported third-quarter 2025 adjusted earnings of $1.13 per share, which beat the Zacks Consensus Estimate of $1.04 by nearly 8.7%. The bottom line was also up nearly 9.7% year over year.In the third quarter, NextEra Energy’s operating revenues totaled $7.96 billion, which missed the Zacks Consensus Estimate of $8.11 billion by 1.86%. However, the top line improved 5.3% year over year.CenterPoint Energy, Inc. CNP reported third-quarter 2025 adjusted earnings of 50 cents per share, which surpassed the Zacks Consensus Estimate of 46 cents by 8.7%. The bottom line also increased 61.3% from the year-ago quarter’s figure of 31 cents.CNP generated revenues of $1.99 billion, which beat the Zacks Consensus Estimate by 0.5%. The top line also came in 7.1% higher than the year-ago quarter’s reported figure of $1.86 billion.Entergy Corporation ETR reported third-quarter 2025 earnings of $1.53 per share, which surpassed the Zacks Consensus Estimate of $1.46 by 4.8%. The bottom line also improved 2% from the year-ago quarter’s figure of $1.50.Entergy reported revenues of $3.81 billion, which beat the Zacks Consensus Estimate of $3.51 billion by 8.6%. The top line also inched up 12.4% from the year-ago quarter’s level of $3.39 billion.  Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report Consolidated Edison Inc (ED): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks