Consolidated Edison (ED) Q4 Earnings Summary Consolidated Edison reported Q4 2025 results on February 19, 2026. The company beat revenue expectations with $4 billion in quarterly revenue, an 8.9% year-over-year increase, surpassing estimates by 8.07%. However, earnings results were mixed. Q4 adjusted EPS was $0.89 per share, which exceeded the Zacks Consensus Estimate of $0.84 but missed other analyst estimates of $0.95. Q4 adjusted earnings declined 9.18% compared to $0.98 per share in the prior year period. For full-year 2025, adjusted EPS was $5.70, up from $5.40 in 2024. The company provided 2026 guidance of $6.00-$6.20 adjusted EPS. Con Edison announced a $37 billion capital spending program through 2030 focused on grid upgrades and infrastructure investments.
Read full analysisConsolidated Edison (ED) Q4 Earnings Summary Consolidated Edison reported Q4 2025 results on February 19, 2026. The company beat revenue expectations with $4 billion in quarterly revenue, an 8.9% year-over-year increase, surpassing estimates by 8.07%. However, earnings results were mixed. Q4 adjusted EPS was $0.89 per share, which exceeded the Zacks Consensus Estimate of $0.84 but missed other analyst estimates of $0.95. Q4 adjusted earnings declined 9.18% compared to $0.98 per share in the prior year period. For full-year 2025, adjusted EPS was $5.70, up from $5.40 in 2024. The company provided 2026 guidance of $6.00-$6.20 adjusted EPS. Con Edison announced a $37 billion capital spending program through 2030 focused on grid upgrades and infrastructure investments.
Consolidated Edison is one of the largest regulated utility companies in the United States, delivering electricity, gas, and steam to approximately 10 million customers in the New York City metropolitan area. The company has raised its dividend for 52 consecutive years, making it a staple for income-focused investors. Its Q4 earnings miss against the Street consensus — despite a strong revenue beat — is the immediate catalyst, with 2026 guidance offering little room for upside surprise.