Consolidated Edison Q2 Profit Down - Quick Facts

(RTTNews) - Consolidated Edison Inc. (ED) Thursday reported second-quarter profit of $172 million or $0.59 per share, down from $214 million or $0.73 per share in the same period last year.

Earnings from ongoing operations totaled $160 million or $0.55 per share. On average, 14 analysts polled by Thomson Reuters expected the company toe earn $0.57 per share. Analysts' estimates typically exclude special items.

For the fiscal 2013, the company has reaffirmed its previous earnings forecast range of $3.65 to $3.85 per share. Analysts currently expect full-year earnings of $3.78 per share.