Consolidated Edison reported a first-quarter adjusted earnings miss at $2.17 per share, falling short of expectations with total operating revenues of $5.1 billion exceeding forecasts. In response to its earnings decline, the utility announced a $2 billion equity offering and continues to plan for substantial capital investments amounting to $38 billion from 2026 to 2030, underscoring its focus on growth and operational improvements in the clean energy sector.
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