Consolidated Edison Narrows Profit Forecast
November 04 2019 - 6:57PM
Dow Jones News
By Kimberly Chin
Consolidated Edison Inc. (ED) narrowed its adjusted earnings
range for fiscal 2019.
The company now anticipates an adjusted profit between $4.25 and
$4.35 a share for the year. It previously projected an adjusted
profit of $4.25 to $4.45 a share.
ConEd intends to make investments in its electric and gas
delivery infrastructure, new technology, renewable energy, and
other energy-efficiency programs, the company said.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
November 04, 2019 18:42 ET (23:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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