Consolidated Edison's low P/E ratio is due to its forecast f...
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.
![](https://pubimg-10000538.picsh.myqcloud.com/202205090000026838e3a0aabf7.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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