Consolidated Edison Inc

ED: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$97.00	Flw	Qmqxqht

Con Ed Earnings: Growth Plan on Track; Awaiting Subsidiary's Regulatory Outcome

Travis Miller

Aug 2, 2024

We are reaffirming our $91 per share fair value estimate for Consolidated Edison after the company reported earning $0.70 per share in the second quarter, excluding a one-time $0.11 regulatory charge and other nonoperating adjustments. We are reaffirming our no-moat rating.

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