💨 Abstract

Consolidated Edison Inc. (ED) reported a second-quarter profit of $246 million, or 68 cents per share, which surpassed analysts' expectations of 66 cents per share. The company's revenue of $3.6 billion also exceeded forecasts of $3.39 billion. Con Ed anticipates full-year earnings between $5.50 and $5.70 per share.

Courtesy: WTOP Staff