Consolidated Edison Inc
ED: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$85.00 | Zwkt | Mmpfwkhhg |
Con Ed Earnings: New York Energy Infrastructure Investments Drive Long-Term Growth
We are reaffirming our $89 per share fair value estimate for Consolidated Edison after the company reported earning $1.62 per share on an adjusted basis during the third quarter, mostly flat with the third quarter of 2022. We are reaffirming our no-moat rating.