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%.