UPDATE: Consolidated Edison Q1 Adj EPS $2.15 Beats $1.88 Estimate, Sales $4.28B Miss $4.40B Estimate

Consolidated Edison (NYSE:ED) reported quarterly earnings of $2.15 per share which beat the analyst consensus estimate of $1.88 by 14.36 percent. This is a 17.49 percent increase over earnings of $1.83 per share from the same period last year. The company reported quarterly sales of $4.28 billion which missed the analyst consensus estimate of $4.40 billion by 2.73 percent. This is a 2.79 percent decrease over sales of $4.40 billion the same period last year.