Consolidated Edison's low P/E ratio is due to its forecast f...

Moomoo AI Jan 24, 2024 19:28

Consolidated Edison's low P/E ratio is due to its forecast for declining earnings. Shareholders accept this as they expect no pleasant surprises in future earnings, implying a stagnant share price.

Little Excitement Around Consolidated Edison, Inc.'s (NYSE:ED) Earnings

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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