CON EDISON TO REPORT 2021 EARNINGS ON FEBRUARY 17

Rhea-AI Summary

Consolidated Edison, Inc. (NYSE:ED) plans to release its 2021 earnings report on February 17, 2022, after market close. The company, a leading energy delivery provider in the U.S., boasts approximately $12 billion in annual revenues and $63 billion in assets. Con Edison operates through subsidiaries that deliver electric, gas, and steam services primarily in New York City and surrounding areas, while also investing in renewable energy projects as one of the second largest solar electric producers in North America.

Positive

• Total annual revenues around $12 billion.
• Significant assets valued at approximately $63 billion.
• Strong position as a major energy delivery provider in the U.S.
• Investment in renewable energy projects as the second-largest solar producer in North America.

Negative

• None.

NEW YORK, Jan. 19, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2021 earnings on February 17, 2022 after the market closes. 

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $63 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., the second-largest owners of solar electric production projects in North America, which, through its subsidiaries develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and through its subsidiaries invests in electric transmission projects supporting its parent company's effort to transition to clean, renewable energy. Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.

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SOURCE Consolidated Edison, Inc.

FAQ

When will Consolidated Edison report its 2021 earnings?

Consolidated Edison will report its 2021 earnings on February 17, 2022, after market close.

What are Consolidated Edison's annual revenues?

Consolidated Edison has approximately $12 billion in annual revenues.

What assets does Consolidated Edison have?

Consolidated Edison has around $63 billion in assets.

Where does Consolidated Edison provide electric service?

Consolidated Edison provides electric service primarily in New York City and Westchester County.