Consolidated Edison, Inc. (ED) reported second-quarter 2024 adjusted earnings of 59 cents per share, which beat the Zacks Consensus Estimate of 55 cents per share by 7.3%. However, the bottom line declined 3.3% from 61 cents recorded in the prior-year quarter. The company posted GAAP earnings of 58 cents per share compared with 65 cents per share in the second quarter of 2023. The year-over-year deterioration can be attributed to higher operating expenses and interest expenses compared to the prior-year qua ...