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Edison International Q1 Core Earnings, Revenue Rise; 2024 Core EPS Outlook Affirmed
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Edison International Q1 Core Earnings, Revenue Rise; 2024 Core EPS Outlook Affirmed
Apr 30, 2024 2:13 PM

04:56 PM EDT, 04/30/2024 (MT Newswires) -- Edison International ( EIX ) reported Q1 core earnings late Tuesday of $1.13 per share, up from $1.09 per share a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $1.11.

Operating revenue for the quarter ended March 31 rose to $4.08 billion from $3.97 billion a year earlier. Analysts surveyed by Capital IQ expected $4.16 billion.

For 2024, the company said it continues to expect core EPS of $4.75 to $5.05. The consensus is for normalized EPS of $4.96.

Edison also reiterated its long-term core EPS growth rate targets of 5% to 7%.

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