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EDConsolidated Edison, Inc.Hold5.6·$107.29-1.34%

Consolidated Edison (ED) Q2 2026 earnings — TrendMatrix coverage

BEAT+7.4% vs estimateEPS $0.83 vs $0.77 estVerdict Buy (Wait)Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.83
Estimate
$0.77
Surprise
+7.4%
Score at report (before → after)
5.55.8/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

Consolidated Edison (ED) beat the $0.77 estimate with diluted EPS of $0.83 — a clear 7.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.8/10 after the report.

Current read · as of 2026-09-05

Where TrendMatrix's rating stands now

TrendMatrix currently rates ED Hold at 5.6/10.

3 of the last 4 quarters beat the estimate; this quarter's +7.4% surprise compares with a +3.8% four-quarter average. Next scheduled report: 2026-11-05.

What supports the rating

  • Sector modifier (Utilities): +1.0
  • Strong earnings beat streak (3/4)

What argues against it

  • Concentration risk — Regulatory: NYSPSC
  • Concentration risk — Geographic: New York City
  • Analyst target reached - limited upside remaining

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$107.29
Price target
$123.38
Stop
$104.07
Upside to target
+15.0%

At 17.9× trailing and 16.8× forward earnings, consensus estimates imply little change in earnings power.

Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.

Utilities context

ED at TrendMatrix's latest read

Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.

Industry
Utilities - Regulated Electric
Market cap
$40.22B
P/E (fwd)
16.8
P/E (ttm)
17.9
52-week range
$94.96$116.23
Off 52-week high
7.7%
RSI (14)
46
Volume vs avg
1.01×
Score today
5.6/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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