Consolidated Edison (NYSE:ED) reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.46 by 11.64 percent. This is a 15.6 percent increase over earnings of $1.41 per share from the
If history is any guide, there may be trouble ahead for shares of Consolidated Edison (NYSE:ED). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.