May. 1 at 8:50 PM
$ED delivers a solid Q1 with EPS of
$2.26, beating adjusted estimates. Management reaffirms 2025 guidance (
$5.50-
$5.70) and doubles down on their
$72B decade-long infrastructure bet. While the regulated utility's defensive appeal remains, that 21.5x P/E still prices in perfection. Steady ship in choppy market, but growth investors might yawn.
https://www.prnewswire.com/news-releases/con-edison-reports-2025-first-quarter-earnings-302444608.html