- Con Edison reported its 2nd Quarter Adjusted EPS as 59 cents.
- This is an increase compared to the previous year’s 65 cents EPS.
- The 2nd Quarter Adjusted EPS also beat the estimate of 57 cents.
- The company still forecasts its adjusted EPS for the year to be between $5.20 and $5.40.
- The estimate for the yearly adjusted EPS is $5.30.
- Analyst ratings for Con Edison include:
- 2 Buy recommendations
- 11 Hold recommendations
- 6 Sell recommendations
A look at Consolidated Edison Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Consolidated Edison, Inc., a company that offers energy-related products and services, appears to have a positive long-term outlook based on the Smartkarma Smart Scores. With strong ratings of 4 in Value, Dividend, Growth, and Momentum, the company demonstrates favorable attributes across these key factors. This suggests that Consolidated Edison is perceived as having good value, solid dividend potential, promising growth prospects, and positive momentum in the market.
However, the company scores a 2 in Resilience, indicating a lower ranking in this area. Despite this, the overall outlook for Consolidated Edison seems optimistic, supported by its robust scores in the majority of categories. This suggests that the company may have a solid foundation for growth and value creation in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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