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Edison International (EIX)
NYSE:EIX
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.44Last Year’s EPS
1.13Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 14.12%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights a strong financial performance and regulatory successes, with significant progress in wildfire mitigation efforts. However, it also underscores challenges related to the Southern California wildfires, ongoing investigations, and the need for legislative action to address potential financial uncertainties.Company Guidance
During the Edison International Fourth Quarter 2024 Financial Teleconference, CEO Pedro Pizarro and CFO Maria Rigatti provided detailed guidance on the company's performance metrics and future outlook. For 2024, Edison International reported a core EPS of $4.93, surpassing the midpoint of their guidance range. They expressed confidence in meeting their 2025 EPS guidance with a 5% to 7% core EPS CAGR through 2028. The Board declared a first-quarter 2025 dividend of $0.8275 per share. On the regulatory front, SCE received CPUC approval to recover $1.6 billion in wildfire claims, demonstrating a constructive cost recovery framework. Rigatti also highlighted SCE's capital and rate base forecast, emphasizing investments in grid hardening and distribution system expansion. The utility plans to file for its next-generation ERP program and anticipates additional system needs. Finally, the company addressed the potential financial impact of the Eaton Fire, noting that AB 1054 provides a supportive regulatory framework to manage liabilities and ensure financial stability.Strong Financial Performance
Edison International's core EPS for 2024 was $4.93, above the midpoint of guidance, marking a track record of meeting or exceeding annual EPS guidance over the last two decades.
Dividend Increase
Edison International raised its dividend by 6.1%, marking the 21st consecutive annual increase, reflecting confidence in the financial outlook.
Regulatory Approvals
The CPUC's unanimous approval of the TKM settlement agreement allows SCE to recover about $1.6 billion, signaling a constructive cost recovery framework in California.
Wildfire Mitigation Progress
SCE has installed more than 6,400 miles of covered conductor and has hardened nearly 90% of its distribution lines in high fire risk areas.
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EIX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EIX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $51.34 | $54.44 | +6.04% |
| Oct 29, 2024 | $82.26 | $82.36 | +0.12% |
| Jul 25, 2024 | $74.94 | $76.98 | +2.72% |
| Apr 30, 2024 | $68.92 | $69.14 | +0.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Edison International (EIX) report earnings?
Edison International (EIX) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Edison International (EIX) earnings time?
Edison International (EIX) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EIX EPS forecast?
EIX EPS forecast for the fiscal quarter 2025 (Q1) is 1.44.
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