By Kimberly Chin
Consolidated Edison Inc. said it expects adjusted profit for fiscal 2020 to be around $4.30 to $4.50 a share.
The company said the full-year earnings outlook excludes the accounting effects of tax-equity investments in its renewable electric production projects and net mark-to-market effects from its clean enerfgy business.
Con Edison said it anticipates making around $3.9 billion in capital investments this year.
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