Consolidated Edison Inc (BSP:E1DI34)

R$ 300.73 0 (0%) Market Cap: 208.35 Bil Enterprise Value: 364.88 Bil PE Ratio: 18.91 PB Ratio: 1.59 GF Score: 79/100

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May 22, 2019 / 05:45PM GMT

Transcript

John J. McAvoy

Consolidated Edison, Inc. - Chairman, President & CEO

Okay. Good afternoon. My name is John McAvoy. I'm the Chairman, President and CEO of Con Edison, Inc. Thank you for those who are here today, and thank you for those who are participating via the webcast. And special thanks to AGA for hosting the conference and giving us this opportunity.

It's my pleasure to give you a report on the recent operations of the company and describe our strategy for success in the future. This slide contains disclosures about forward-looking statements and a non-GAAP financial measure called adjusted earnings.

Con Edison has an equity value -- market value exceeding $27 billion. We're one of the largest electric and gas transmission and distribution companies in the United States. We primarily provide electric, gas and steam service to New York City and several of the surrounding suburbs. Our regulated utilities, which is Con Edison Company of New York and Orange & Rockland Utilities or I'll refer to them as CECONY and O&R, account for over 90% of the company by virtually all

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