Con Edison Reports Strong Q3 2025 Earnings

Consolidated Edison, Inc. ( (ED) ) has released its Q3 earnings. Here is a breakdown of the information Consolidated Edison, Inc. presented to its investors.

Consolidated Edison, Inc. (Con Edison) is a prominent energy company that provides electric, gas, and steam services primarily in New York City and surrounding areas. It operates through subsidiaries such as Consolidated Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., and Con Edison Transmission, Inc., focusing on delivering reliable energy solutions.

In its latest earnings report, Con Edison announced a strong financial performance for the third quarter of 2025, with net income reaching $688 million, or $1.91 per share, up from $588 million or $1.70 per share in the same period last year. The company also reported adjusted earnings of $686 million or $1.90 per share, reflecting a positive trend compared to the previous year.

Key highlights from the earnings report include a significant increase in net income for the first nine months of 2025, totaling $1,726 million or $4.84 per share, compared to $1,510 million or $4.37 per share in 2024. The company has made strategic investments in infrastructure, including plans to complete 14 new substations by 2030, supporting its commitment to maintaining reliable energy services amid growing demand.

Con Edison’s management remains optimistic about the future, with an expected adjusted earnings per share for 2025 in the range of $5.60 to $5.70. The company’s focus on infrastructure investments and its strong balance sheet position it well to continue delivering stable returns for investors while supporting New York’s clean energy transition.

Looking ahead, Con Edison aims to sustain its growth trajectory by executing its strategic investment plans and maintaining a strong operational focus, ensuring the delivery of reliable and affordable energy to its customers.