Post-earnings recap
Reported
Thu, Aug 6, 2026
EPS actual
$0.83
EPS est.
$0.74
EPS surprise
+12.47%
1-day move
+0.58%
Consolidated Edison reported an EPS of $0.83, exceeding expectations by 12.47%. The stock reacted positively, rising by 0.58%. However, there was no revenue figure reported, which leaves some uncertainty about the overall performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.83 | N/A | +12.47% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based on numerical results only.
Consolidated Edison, Inc. (ED) is a major utility company that provides electric, gas, and steam services to customers in New York City and surrounding areas. As a key player in the utilities sector, it plays a crucial role in energy distribution and is affected by regulatory changes and shifts in energy demand.
Last quarter
In Q1-2026, Consolidated Edison reported an EPS of $2.18, which was below the expected $2.32, resulting in a slight decline in stock price. The company continues to face challenges in meeting earnings expectations.
EPS beat streak
1Q
EPS beat rate
75%
Avg EPS surprise
+5.73%
Avg 1-day reaction
+0.14%
Investors are cautiously optimistic about the upcoming earnings report, especially given the company's historical tendency to beat EPS estimates. However, recent performance raises concerns about whether this trend will continue.
Bull case
If the company can demonstrate strong revenue growth and improved customer acquisition, it could reassure investors and drive the stock price higher.
Bear case
Conversely, if the company fails to meet earnings expectations again, it may lead to further declines in stock price and investor confidence.
The print will turn on these.
Q1
What will the EPS be for Q2-2026?
The EPS figure will be crucial in determining whether the company can regain investor confidence after missing expectations last quarter.
Q2
How many new customers has the company added this quarter?
Customer growth is vital for future revenue and profitability, and any significant changes could impact the stock's performance.
—
Est. EPS
$-0.15
Est. Rev
$371M
Impl. Move
±26.1%
Why consensus could be wrong
The Street may underestimate the impact of recent regulatory changes that could favor Consolidated Edison, potentially leading to better-than-expected customer growth.
Supporting evidence
The company has historically beaten EPS estimates 75% of the time, suggesting a potential for positive surprises.
Options pricing indicates a significant expected move, which could reflect underlying volatility not captured in consensus estimates.
Key risk
If customer growth exceeds expectations, it could significantly alter the market's perception of the company's future prospects.
Pre-commit to what would confirm each case.
This quarter's performance is under scrutiny as the company seeks to recover from recent earnings misses and demonstrate growth.
Bull confirmed if
An EPS of $2.40 or higher would confirm the bull case, indicating strong operational performance.
Bear confirmed if
An EPS below $2.10 would confirm the bear case, suggesting ongoing struggles in profitability.
What the market is pricing for the move.
Implied Move
±7.72%
Historical Avg
±0.6%
The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.
Options are pricing ±7.7% while ED has averaged ±0.6% over the last 8 prints — setup is pricing rich.
ATM IV
0.2%
30d HV
17.7%
Smart-money positioning from the most recent 13F filings.
Institutional
78.77%
of float
Insider
0.20%
of float
Holders
1,872
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
41,665,829 sh · $4.4B
11.27%
5.6%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If the company beats expectations, history suggests a potential stock increase of around +0.65%, confirming a positive outlook.
In line / cautious
If results are in line with expectations but management provides cautious commentary, the stock may react moderately, reflecting uncertainty.
Miss
A miss on earnings could lead to a decline of approximately -0.31%, further shaking investor confidence.
The lines on the call that would change the story.
State Street Corporation
25,094,015 sh · $2.6B
6.79%
0.9%
Vanguard Capital Management LLC
24,085,197 sh · $2.5B
6.51%
2.5%
Vanguard Portfolio Management LLC
19,117,849 sh · $2.0B
5.17%
2.5%
Geode Capital Management, LLC
10,685,732 sh · $1.1B
2.89%
3.5%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.