Con Edison Q3 2026: adjusted EPS $2.07, guidance narrowed to $6.05 to $6.15
Con Edison posted a clean third quarter: adjusted EPS of $2.07 against $1.90 a year ago on revenue of $4.86 billion, and it narrowed 2026 guidance to $6.05 to $6.15. The gain came almost entirely from a larger electric rate base, not from cost cuts or one-offs. Read the scorecard for what recurring earnings did, then the balance sheet and the regulatory notes for what could interrupt it.
1 · Expected vs. Actual
Free preview belowAdjusted EPS of $2.07 was up 8.9% from $1.90, and GAAP EPS of $2.06 was effectively the same, so there were no messy one-offs to strip out. The variance walk shows CECONY adding $0.17 on a higher electric rate base, partly given back as $0.05 of dilution from new shares. O&R added $0.01 and the transmission and clean-energy segment cost $0.01.
Revenue of $4.86 billion rose 6.5% from $4.57 billion in the same quarter last year. Electricity supplied $4.40 billion of the total, purchased oil and gas $455.0 million and steam just $62.0 million. New York's revenue decoupling means delivery volumes barely move the top line; rate cases do.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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