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Consolidated Edison announced that its executives will participate in various financial conferences during May and June 2024. The company, which is a major investor-owned energy-delivery firm, generates approximately $15 billion in annual revenue and holds $67 billion in assets. Con Edison operates through multiple subsidiaries: Consolidated Edison Company of New York, which provides electric, gas, and steam services; Orange and Rockland Utilities, serving southeastern New York and northern New Jersey; and Con Edison Transmission, which manages electric and gas assets and focuses on developing renewable energy projects in New York and the Northeast.
Consolidated Edison, Inc. reported a net income for common stock of $720 million in the first quarter of 2024, with adjusted earnings of $742 million. The company reaffirmed its forecast for adjusted earnings per share for 2024 to be in the range of $5.20 to $5.40.