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Consolidated Edison sees 2024 adjusted EPS $5.20-$5.40, consensus $5.29

Forecasts a five-year compounded annual adjusted EPS growth rate of 5% to 7% based on its 2024 adjusted EPS guidance. In 2024 and 2025, Con Edison expects to make capital investments of $4.84B and $5.24B, respectively. For 2026 through 2028, Con Edison expects to make capital investments of $17.96B in aggregate. Con Edison plans to meet its capital requirements for 2024 through 2028 through internally-generated funds and the issuance of long-term debt and common equity.

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