Key Developments: Consolidated Edison Inc (ED)
59.01USD
23 May 2013
$-0.60 (-1.01%)
$59.61
$59.38
$59.44
$58.35
1,982,679
1,525,302
$65.98
$53.63
Latest Key Developments (Source: Significant Developments)
Consolidated Edison Inc, Sempra Energy Partner In Two Solar Power Plants-DJ
Dow Jones reported that Consolidated Edison Inc, formed a partnership with Sempra Energy that gives the utility company a 50% interest in two Sempra U.S. Gas & Power solar facilities. Financial terms weren't disclosed. Sempra U.S. Gas & Power said it will continue to provide operations and maintenance services to both 150-megawatt plants, one near Las Vegas and the other near Phoenix. Full Article
Consolidated Edison Inc Reaffirms FY 2013 EPS Guidance
Consolidated Edison Inc announced that fiscal 2013, it expects earnings per share (EPS) from ongoing operations to be in the range of $3.65 to $3.85. According to I/B/E/S Estimates analysts' are expecting the Company to report EPS of $3.78 for fiscal 2013. Full Article
Consolidated Edison Inc Declares Common Stock Dividend
Consolidated Edison Inc announced that it declared a quarterly dividend of $0.615 a share on its common stock, payable June 15, 2013, to stockholders of record as of May 15, 2013. Full Article
Consolidated Edison Inc Issues FY 2013 EPS Guidance In Line With Analysts' Estimates; Declares Dividend
Consolidated Edison Inc announced that fiscal 2013, it expects earnings per share (EPS) from ongoing operations to be in the range of $3.65 to $3.85. This forecast reflects, among other things, estimated costs relating to Superstorm Sandy that the utility subsidiaries expect to incur in 2013 to restore their energy systems to normal operating condition and that new rate plans are not expected to become effective until fiscal 2014. The forecast excludes an estimated $0.50 to $0.60 per share charge relating to the disallowance of tax deductions associated with its lease in/lease out transactions discussed above and the net mark-to-market effects of the CEBs. According to I/B/E/S Estimates analysts' are expecting the Company to report EPS of $3.77 for fiscal 2013. The Company also announced that it is increasing its quarterly dividend of 61 1/2 cents a share on its common stock, payable March 15, 2013 to shareholders of record as of February 13, 2013. Full Article
Consolidated Edison Inc Reaffirms FY 2012 EPS Guidance
Consolidated Edison Inc reaffirmed fiscal 2012 guidance and expects earnings per share (EPS) from ongoing operations in the range of $3.65-$3.85 a share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.76 for fiscal 2012. Full Article
Consolidated Edison Inc Declares Common Stock Dividend
Consolidated Edison Inc announced that it declared a quarterly dividend of $0.605 a share on its common stock, payable December 15, 2012, to stockholders of record as of November 14, 2012. Full Article
Consolidated Edison, Inc. Reaffirms FY 2012 EPS Guidance
Consolidated Edison, Inc. reaffirmed its fiscal 2012 forecast of earnings per share (EPS) from ongoing operations in the range of $3.65 to $3.85 a share. According to I/B/E/S Estimates analysts' are expecting the Company to report EPS of $3.75 for fiscal 2012. Full Article
Consolidated Edison, Inc.'s Consolidated Edison, Inc. Completes Acquisition Of Solar Projects From GCL-Poly Energy Holdings Limited's GCL Solar Energy Inc.
Consolidated Edison Development (CED), a wholly owned subsidiary of Consolidated Edison, Inc., and GCL Solar Energy Inc. (GCL Solar), a wholly owned subsidiary of GCL-Poly Energy Holdings Limited announced the completion of CED's acquisition of two solar photovoltaic projects totaling 92 megawatts MD DC (70 megawatts AC) from GCL Solar. The projects, situated in Alpaugh in Tulare County in California's Central Valley, are scheduled to begin commercial operation in the fourth quarter of 2012. The two projects will be owned and operated by CED and provide enough power to serve about 15,000 homes. Full Article
Consolidated Edison, Inc. Declares Common Stock Dividend
Consolidated Edison, Inc. declared a quarterly dividend of 60 1/2 cents a share on its common stock, payable September 15, 2012, to stockholders of record as of August 15, 2012. Full Article
Consolidated Edison, Inc. Reaffirms FY 2012 EPS Guidance
Consolidated Edison, Inc. announced that it confirms its previous forecast of earnings per share (EPS) from ongoing operations in the range of $3.65 to $3.85 a share. Earnings per share from ongoing operations exclude the net mark-to-market effects of the competitive energy businesses. According to I/B/E/S Estimates analysts' are expecting the Company to report EPS of $3.75 for fiscal 2012. Full Article
ConEd offers solutions to replace NY nuclear plant-filing
* Transmission upgrades, costing $500 million, recommended
Earnings vs. 
Estimates
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