Consolidated Edison Q3 Profit Rises - Quick Facts

(RTTNews) - Consolidated Edison, Inc. (ED) Monday reported third-quarter profit of $464 million or $1.58 per share, up from $440 million or $1.50 per share in the same period last year.

Earnings from ongoing operations totaled $434 million or $1.48 per share. On average, 15 analysts polled by Thomson Reuters expected the company to earn $1.42 per share for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company has raised its full-year 2013 earnings guidance to a range of $3.70 to $3.80 per share, up from its previous guidance range of $3.65 to $3.85 per share. Analysts currently expect full-year earnings of $3.74 per share.