Consolidated Edison Down Over 5% After 4Q Earnings Report -- Data Talk

Consolidated Edison, Inc. (ED) is currently at $89.83, down $4.75 or 5.02%

-- Would be lowest close since Jan. 16, 2020, when it closed at $89.17

-- On pace for largest percent decrease since Dec. 24, 2018, when it fell 5.8%

-- On Thursday, Consolidated Edison reported that profit for the fourth quarter fell to $295 million, or 88 cents a share, from $331 million, or $1.05 a share, a year earlier. Total operating revenues were $2.95 billion, a 0.1% decrease from a year earlier. Analysts were looking for revenue of $3.12 billion

-- The company said it expects adjusted profit for fiscal 2020 to be around $4.30 to $4.50 a share

-- Currently down two of the past three days

-- Down 4.44% month-to-date

-- Down 0.71% year-to-date

-- Down 5.18% from its all-time closing high of $94.74 on Jan. 30, 2020

-- Up 9.42% from 52 weeks ago (Feb. 22, 2019), when it closed at $82.10

-- Down 5.18% from its 52 week closing high of $94.74 on Jan. 30, 2020

-- Up 10.41% from its 52 week closing low of $81.36 on Feb. 26, 2019

-- Traded as low as $89.72; lowest intraday level since Jan. 17, 2020, when it hit $88.93

-- Down 5.14% at today's intraday low; largest intraday percent decrease since Dec. 24, 2018, when it fell as much as 6.15%

-- Second worst performer in the S&P 500 today

All data as of 11:00:02 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 21, 2020 11:24 ET (16:24 GMT)

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