Consolidated Edison (ED) executives will be in attendance at significant investor and financial conferences due to take place in January and later in 2025. A notable declaration of
common stock dividend has been made by the company. A new
bulk energy storage project is being launched, and the firm will webcast a presentation focused on the future of
clean energy. However, there have been criticisms of soaring costs in their new billing system and alleged overcharging. Despite this, earnings have been strong, with second and third-quarter profits surpassing estimates. The company has also entered into a substantial
$700 Million credit agreement and a forward sale agreement for
7 million common shares. However, there are questions about how its debt is impacting the company. Other news includes
proposed rate plans for 2025-2027, accusations of
price gouging, and strong
Q3 2024 earnings. The company's
dividend analysis is on focus, with significant ownership by institutional owners.
Consolidated Edison ED News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Sat, 11 Jan 2025 09:22:49 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor 2
