NEW YORK (AP) _ Consolidated Edison Inc. (ED) on Thursday reported third-quarter net income of $613 million.

On a per-share basis, the New York-based company said it had profit of $1.72. Earnings, adjusted for non-recurring gains, were $1.63 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The utility posted revenue of $4.17 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $3.73 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ED at https://www.zacks.com/ap/ED

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