Edison International(EIX)
Search documents
Why Edison International (EIX) is a Top Growth Stock for the Long-Term
ZACKS· 2025-02-24 15:50
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as a complementary indicator to the Zacks Rank, helping investors identify stocks with high potential for market outperformance [3][4] Zacks Style Scores - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F [4] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - Growth Score evaluates a company's financial health and future outlook through earnings and sales projections [5] - Momentum Score assesses stocks based on price trends and earnings estimate changes to identify favorable buying opportunities [6] - VGM Score combines all three Style Scores, providing a comprehensive indicator for investors [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to simplify portfolio building [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - There are over 800 stocks rated 1 or 2, making it essential for investors to use Style Scores to narrow down choices [10] Stock Highlight: Edison International (EIX) - Edison International is rated 3 (Hold) with a VGM Score of A, making it a potential pick for growth investors [12] - The company forecasts a year-over-year earnings growth of 4% for the current fiscal year, supported by a Growth Style Score of B [12] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $4.95 per share, with an average earnings surprise of 7.7% [13]
Earnings Preview: Edison International (EIX) Q4 Earnings Expected to Decline
ZACKS· 2025-02-20 16:06
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Edison International despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Edison International is expected to report quarterly earnings of $1.08 per share, reflecting a year-over-year decrease of 15.6%, while revenues are projected to be $3.8 billion, an increase of 2.5% from the previous year [3]. - The earnings report is scheduled for release on February 27, 2025, and could influence stock movement based on whether the results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 0.49% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. - The Most Accurate Estimate for Edison International aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with a focus on positive readings for predictive power [6][7]. - Edison International's current Zacks Rank is 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, Edison International exceeded the expected earnings of $1.39 per share by delivering $1.51, resulting in a surprise of +8.63% [12]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13]. Industry Context - In the Zacks Utility - Electric Power industry, FirstEnergy is expected to report earnings of $0.70 per share, reflecting a year-over-year increase of 12.9%, with revenues projected at $3.67 billion, up 16.7% from the previous year [17]. - FirstEnergy's consensus EPS estimate has been revised 2.7% lower recently, leading to an Earnings ESP of -0.71% and a Zacks Rank of 4, indicating difficulty in predicting an earnings beat [18].
Faruqi & Faruqi Reminds Edison International Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - EIX
Prnewswire· 2025-02-20 15:13
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Edison International due to allegations of false statements and misleading information related to the company's Public Safety Power Shutoffs program and its impact on wildfire risks in California [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $100,000 in Edison between February 25, 2021, and February 6, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Edison, with a deadline of April 21, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that Edison and its executives violated federal securities laws by making false claims about their wildfire mitigation efforts, which resulted in increased fire risks and legal exposure [4]. Group 2: Impact on Share Prices - Following the filing of a complaint on January 13, 2025, alleging that Edison's power lines caused wildfires, Edison’s share price dropped by $7.73, approximately 11.89% [5]. - On February 6, 2025, after reports indicated that Edison's equipment may be linked to the Hurst fire, the share price fell by $1.28, or about 2.4% [5]. Group 3: Call for Information - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Edison's conduct [7].
EIX LAWSUIT ALERT: The Gross Law Firm Notifies Edison International Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-02-20 10:45
NEW YORK, Feb. 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Edison International (NYSE: EIX).Shareholders who purchased shares of EIX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/edison-international-loss-submission-form/?id=130544&from=4 CLASS PERIOD: February 25, 2 ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Edison International Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – EIX
GlobeNewswire News Room· 2025-02-20 00:02
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Edison International (NYSE: EIX) between February 25, 2021 and February 6, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025 in the securities class action first filed by the Firm. SO W ...
Edison International Investors: Please contact the Portnoy Law Firm to recover your losses. April 21, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-02-19 20:52
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Edison International ("Edison" or the "Company") (NYSE: EIX) investors of a class action representing investors that bought securities between February 25, 2021 and February 6, 2025, inclusive (the "Class Period"). Edison investors have until April 21, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. ...
EIX INVESTOR NOTICE: Edison International Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-02-15 14:50
SAN DIEGO, Feb. 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Edison International (NYSE: EIX) publicly traded securities between February 25, 2021 and February 6, 2025, both dates inclusive (the "Class Period"), have until April 14, 2025 to seek appointment as lead plaintiff of the Edison International class action lawsuit. Captioned Antillon v. Edison International, No. 25-cv-01154 (C.D. Cal.), the Edison International class action lawsuit charges Edi ...
Class Action Filed Against Edison International (EIX) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-02-14 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Edison International, alleging securities fraud that adversely affected investors between February 25, 2021, and February 6, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Edison made false statements regarding its public safety power shutoffs program, which was purportedly used to mitigate wildfire risks during extreme weather events [2]. - It is alleged that these false claims resulted in increased fire risk in California and greater legal exposure for the company [2]. - The lawsuit asserts that the defendants' statements about Edison's business operations and prospects were materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Investors who money with shares of Edison International (NYSE: EIX) should contact the Shareholders Foundation in connection with Lawsuit
Prnewswire· 2025-02-13 18:20
SAN DIEGO, Feb. 13, 2025 /PRNewswire/ -- The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in Edison International (NYSE: EIX) shares.Investors who purchased shares of Edison International (NYSE: EIX) prior to February 2021 and continue to hold any of thoseNYSE: EIX shares also have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.On January 9, 2025, an article was published titled "The Moment the Eaton Fi ...
EIX Investors Have Opportunity to Lead Edison International Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-02-13 09:25
LOS ANGELES, Feb. 13, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Edison International ("Edison" or "the Company") (NYSE: EIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 25, 2021 and February 6, 2025, inclusive (the "Class Period"), ...