ConEd Shares Rise After Results Top Street View

MarketWatch Pulse

Consolidated Edison Inc. shares rose in the extended session Thursday after the utility topped Wall Street estimates. ConEd shares rose 3.9% to $67.34 on light volume. The company reported adjusted fourth-quarter earnings from ongoing operations of 58 cents a share on revenue of $2.83 billion. Analysts surveyed by FactSet had estimated 55 cents a share on revenue of $2.52 billion.

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