Consolidated Edison Down Over 5% After 4Q Earnings Report -- Data Talk
February 21 2020 - 11:39AM
Dow Jones News
Consolidated Edison, Inc. (ED) is currently at $89.83, down
$4.75 or 5.02%
-- Would be lowest close since Jan. 16, 2020, when it closed at
$89.17
-- On pace for largest percent decrease since Dec. 24, 2018,
when it fell 5.8%
-- On Thursday, Consolidated Edison reported that profit for the
fourth quarter fell to $295 million, or 88 cents a share, from $331
million, or $1.05 a share, a year earlier. Total operating revenues
were $2.95 billion, a 0.1% decrease from a year earlier. Analysts
were looking for revenue of $3.12 billion
-- The company said it expects adjusted profit for fiscal 2020
to be around $4.30 to $4.50 a share
-- Currently down two of the past three days
-- Down 4.44% month-to-date
-- Down 0.71% year-to-date
-- Down 5.18% from its all-time closing high of $94.74 on Jan.
30, 2020
-- Up 9.42% from 52 weeks ago (Feb. 22, 2019), when it closed at
$82.10
-- Down 5.18% from its 52 week closing high of $94.74 on Jan.
30, 2020
-- Up 10.41% from its 52 week closing low of $81.36 on Feb. 26,
2019
-- Traded as low as $89.72; lowest intraday level since Jan. 17,
2020, when it hit $88.93
-- Down 5.14% at today's intraday low; largest intraday percent
decrease since Dec. 24, 2018, when it fell as much as 6.15%
-- Second worst performer in the S&P 500 today
All data as of 11:00:02 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 21, 2020 11:24 ET (16:24 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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