
Consolidated Edison, Inc. (ED), headquartered in New York City, is an energy company providing electric, gas, and steam services to New York's customers, with a market cap of $36.9 billion. The company is scheduled to release its Q3 earnings on Thursday, Nov. 7.
Ahead of the event, analysts expect ED to report a profit of $1.58 per share, down 2.5% from $1.62 in the year-ago quarter. The company has consistently beaten Wall Street's earnings estimates in the last four quarters.