Con Edison Projects FY20 Adjusted Profit of $4.30-$4.50 a Share
February 20 2020 - 6:12PM
Dow Jones News
By Kimberly Chin
Consolidated Edison Inc. said it expects adjusted profit for
fiscal 2020 to be around $4.30 to $4.50 a share.
The company said the full-year earnings outlook excludes the
accounting effects of tax-equity investments in its renewable
electric production projects and net mark-to-market effects from
its clean enerfgy business.
Con Edison said it anticipates making around $3.9 billion in
capital investments this year.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 20, 2020 17:57 ET (22:57 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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