With Consolidated Edison gearing up to release its second-quarter earnings next month, analysts project a single-digit earnings dip.
Consolidated Edison has been slightly outperforming the Dow Jones recently, but analysts remain cautious about the stock’s prospects.
Dividend payments continue to grow.
Utilities can generate lots of dividend income.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.24%. US stock...
The U.S. East Coast is grappling with significant power disruptions following a massive winter storm, affecting over half a million homes and businesses from Florida to Maine. According to PowerOutage.us,...