RTTNews | Nov 5, 2020 05:45PM EST

17:45 Thursday, November 5, 2020 (RTTNews.com) - Consolidated Edison Inc. (ED) revealed a profit for its third quarter that climbed from the same period last year.

The company's bottom line came in at $493 million, or $1.47 per share. This compares with $473 million, or $1.42 per share, in last year's third quarter.

Excluding items, Consolidated Edison Inc. reported adjusted earnings of $495 million or $1.48 per share for the period.

Analysts had expected the company to earn $1.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Consolidated Edison Inc. earnings at a glance:

-Earnings (Q3): $495 Mln. vs. $513 Mln. last year.-EPS (Q3): $1.48 vs. $1.54 last year.-Analysts Estimate: $1.50

-Guidance:Full year EPS guidance: $4.15 to $4.30

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