Utilities·Multi-Utilities·$40.2B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.78 | N/A | -8.77% |
| Revenue | N/A | N/A | N/A |
management commentary, guidance changes, and full analysis available with Pro.
| EPS | $0.78 | N/A | -8.77% |
| Revenue | N/A | N/A | N/A |
Tone: Cautiously Optimistic
Management expressed a cautious outlook, focusing on cost management and service reliability. They acknowledged the current economic environment's impact on operations.
Management highlighted ongoing efforts to manage costs effectively.
They emphasized the importance of maintaining service reliability amid economic challenges.
Consolidated Edison reported an EPS of $0.78, which was below expectations, resulting in a slight stock increase of 0.65%. The market's positive reaction may be attributed to management's focus on cost management and service reliability, despite missing EPS estimates. Investors may remain cautious given the lack of revenue data and forward guidance.
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ECOLAB INC
Apr 28, 2009