Consolidated Edison is projected to report Q2 2026 revenue of approximately $3.60 billion and adjusted EPS of $0.74, with its current $107.51 stock price trading below the $111.42 average analyst target.
The primary focus for investors is the execution of the utility's $37.7 billion multi-year capital investment program and its alignment with long-term annual growth targets of 6% to 7%.
Management recently reaffirmed its full-year 2026 adjusted EPS guidance of $6.00 to $6.20 while initiating a $2 billion equity offering to fund critical grid modernization projects. Analysts are also watching for regulatory updates and operational efficiency improvements as the company navigates New York's ambitious clean energy transition.