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AI brief of an SEC Form 8-K · Consolidated Edison (ED)

Con Edison 2024 adjusted EPS rises to $5.40; fourth-quarter profit falls

Mixed Impact 3 of 5 earnings Written later

Con Edison reported 2024 adjusted earnings of $1,868 million, or $5.40 a share, up from $5.07 a share in 2023, while GAAP net income fell to $1,820 million from $2,519 million, mainly because of a 2023 gain on the sale of its Clean Energy Businesses. For 2025, the company expects adjusted earnings of $5.50 to $5.70 a share, which would be above its 2024 adjusted result, so shareholders get a higher adjusted earnings base but a lower fourth-quarter profit trend.

Key points

  • Fourth-quarter 2024 GAAP net income was $310 million, or $0.90 a share, versus $335 million, or $0.97 a share, a year earlier.
  • Fourth-quarter 2024 adjusted earnings were $340 million, or $0.98 a share, versus $346 million, or $1.00 a share, in the 2023 period.
  • Full-year 2024 operating revenues were $15,256 million, up from $14,663 million in 2023.
  • 2025 adjusted EPS guidance is $5.50 to $5.70 a share, and the company forecasts 6% to 7% five-year compounded adjusted EPS growth.

The filing

CompanyConsolidated Edison (ED)
Form8-K, current report
Filed with the SECFeb 20, 2025, 4:50 PM ET
Accession number0001047862-25-000014

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.