Consolidated Edison Inc Surges to Top 427 by Volume with $263 Million Turnover

Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 6:22 pm ET1min read
Aime RobotAime Summary

- Consolidated Edison (ED) surged to top 427 by volume on July 23, 2025, with $263M turnover, a 52.7% rise from prior day.

- The NY-based utility, set to release Q2 results on Aug 7, is projected to report $0.62 adjusted EPS, up 5.1% YoY.

- ED expects FY2025 EPS of $5.63 (4.3% growth) and declared a $0.85/share dividend payable Sept 15.

- Q1 revenue hit $4.8B but adjusted EPS fell 2.2% short; full-year guidance ranges $5.50–$5.70/share.

On July 23, 2025,

, Inc. (ED) saw a significant surge in trading volume, with a total turnover of $263 million, marking a 52.7% increase from the previous day. This substantial rise in trading activity placed among the top 427 stocks by volume for the day.

Consolidated Edison, Inc. is a New York-based company that operates in the regulated electric, gas, and steam delivery businesses across the United States. The company is set to release its second-quarter results on August 7, 2025, after the market closes. Analysts anticipate that the company will report an adjusted earnings per share (EPS) of $0.62, reflecting a 5.1% increase from the $0.59 reported in the same period last year. ED has a history of meeting or exceeding earnings estimates, having surpassed analysts' expectations in three of the past four quarters.

For the current fiscal year, analysts project that ED will report an EPS of $5.63, which is a 4.3% increase from the $5.40 reported in fiscal 2024. The company's first-quarter earnings, released on May 1, 2025, showed revenue of $4.8 billion, surpassing Street forecasts. However, the adjusted EPS of $2.25 for the quarter fell short of consensus estimates by 2.2%. Looking ahead, ED expects full-year earnings to range between $5.50 and $5.70 per share.

Consolidated Edison recently declared a quarterly dividend of $0.85 per share, payable on September 15, 2025, to shareholders of record as of August 13, 2025. This dividend announcement is part of the company's ongoing commitment to returning value to its shareholders.

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