Overview
* Edison International ( EIX ) Q2 core EPS of $0.97 beats analyst expectations, per LSEG data
* Company's Q2 net income fell to $343 mln from $439 mln last year
* SCE's Q2 core EPS decreased due to higher operations and maintenance expenses
* Co reaffirms 2025 Core EPS guidance of $5.94-$6.34
Outlook
* Edison International ( EIX ) reaffirms 2025 Core EPS guidance of $5.94-$6.34
* Company expects 5-7% Core EPS growth from 2025 to 2028
* Company confident legislative actions will enhance California's regulatory framework
Result Drivers
* OPERATIONS COSTS - Higher operations and maintenance expenses contributed to the decline in core EPS
* REGULATORY IMPACT - Net impact of regulatory decisions affected earnings performance
* INTEREST EXPENSE - Increased interest expense led to higher core loss per share for Edison International Parent and Other
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $0.97 $0.91
Adjusted (10
EPS Analysts
)
Q2 EPS $0.89
Q2 Beat $374 mln $340.70
Adjusted mln (4
Net Analysts
Income )
Q2 Net $343 mln
Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
* The average consensus recommendation for the electric utilities peer group is "buy"
* Wall Street's median 12-month price target for Edison International ( EIX ) is $66.50, about 22.3% above its July 30 closing price of $51.69
* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)