The company said net income for common stock was $1,820 million ($5.26 a share) in 2024, compared with $2,519 million ($7.25 a share) in 2023. Adjusted earnings, a non-GAAP measure, were $1,868 million ($5.40 a share) in 2024 and $1,762 million ($5.07 a share) in 2023.

1. 01

   The company said net income for common stock was $1,820 million ($5.26 a share) in 2024, compared with $2,519 million ($7.25 a share) in 2023. Adjusted earnings, a non-GAAP measure, were $1,868 million ($5.40 a share) in 2024 and $1,762 million ($5.07 a share) in 2023.

2. 02

   Con Edison said net income for common stock for Q4 2024 was $310 million ($0.90 a share), compared with $335 million ($0.97 a share) for the same period in 2023. Adjusted earnings for Q4 were $340 million ($0.98 a share), compared with $346 million ($1.00 a share) for Q4 2023.

3. 03

   The company said it expects adjusted earnings per share for 2025 to be in the range of $5.50 to $5.70 per share. It also said it expects capital investments of $5,122 million in 2025 and $8,067 million in 2026. It also said it plans to issue up to $1,350 million of common equity in 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.