• Consolidated Edison posted first-quarter net income for common stock of $924 million, or $2.55 a share, up 16.81%.
• Adjusted earnings were $790 million, or $2.18 a share, down 3.54%.
• Results excluded transaction costs tied to a strategic alternatives review for equity investments in Mountain Valley Pipeline (MVP) and Honeoye Storage, plus a gain on the sale of its MVP stake.
• Completed sale of its equity interest in MVP for total consideration of $357.5 million; also settled a forward sale agreement for 7 million common shares to support energy-system investment.
• Reaffirmed 2026 adjusted EPS guidance of $6.00 to $6.20.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Consolidated Edison Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001047862-26-000092), on May 07, 2026, and is solely responsible for the information contained therein.