Benzinga | Feb 18, 2021 04:56PM EST

Consolidated Edison Q4 Adj. EPS $0.75 Misses $0.76 Estimate, Sales $2.96B Miss $3.18B Estimate

Consolidated Edison (NYSE:ED) reported quarterly earnings of $0.75 per share which missed the analyst consensus estimate of $0.76 by 1.32 percent. This is a 13.79 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $2.96 billion which missed the analyst consensus estimate of $3.18 billion by 6.92 percent. This is a 0.30 percent increase over sales of $2.95 billion the same period last year.