Consolidated Edison Q3 2026 EPS Tops Estimates at $2.07, but Revenue Misses at $4.74B
Revenue of $4.74B vs. $4.75B expected and adjusted EPS of $2.07 vs. $2.03; revenue up 4.5% from a year earlier.
Consolidated Edison (ED) posted mixed third-quarter 2026 results, with adjusted EPS above the estimate and revenue below it. Revenue was $4.74 billion, up 4.5% from a year earlier, below the $4.75 billion estimate, and adjusted EPS was $2.07, up 8.9% from a year earlier, above the $2.03 estimate.
Shares fell 0.0% in after-hours trading as of 4:52 p.m. ET, to $121.44 from a $121.49 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $2.03 | $2.07 | Beat by 2.0% |
| Revenue | $4.75B | $4.74B | Miss by 0.3% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 8.9% | ▲ 149% |
| Revenue | ▲ 4.5% | ▲ 16% |
By our calculation, revenue was $13.0 million below the estimate and adjusted EPS was $0.04 above it. The QoQ column compares with the previous quarter's revenue of $4.07 billion and adjusted EPS of $0.83. The YoY column compares with $4.53 billion and $1.90 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 7 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 5 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $4.53 billion, $4.00 billion, $5.09 billion, $4.07 billion and $4.74 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $1.04 and revenue of $4.11 billion next quarter, based on 6 analysts.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 4.5% increase to $4.74 billion.
- Estimate record. Whether Consolidated Edison extends a record of beating EPS estimates in 7 of its last 8 reports.
- Related coverage. See our reports on NuScale Power, Silvercorp Metals, MasterBrand and Mach Natural Resources.
Sources: Results are from Consolidated Edison's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Consolidated Edison's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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