| --- | --- | --- | |-------|-------|----------------------------------------------------------| | | | Exhibit 99.1 | | | | NEWS | | | | Investor Relations: Sam Ramraj, (626) 302-2540 | ● Second-quarter 2024 GAAP EPS of $1.14; Core EPS of $1.23 Southern California Edison's second-quarter 2024 core earnings per share (EPS) increased year over year, primarily due to higher revenue authorized in Track 4 of SCE's 2021 General Rate Case, an increase in the authorized rate of return resulting from the cost of cap ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Edison International (EIX) . This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat. This electric power provider has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the ...

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NEW YORK, July 18, 2024 /PRNewswire/ -- The Rockefeller Foundation announced today that John W. Rogers Jr., Chairman and co-CEO of Ariel Investments, LLC, has joined the Economic Opportunity Coalition's (EOC) Management Committee as Chair. In addition, the EOC is an innovative initiative that has received new procurement commitments from Edison International, Exelon Corporation, and Southern Company. The three companies join Xcel Energy, Micron, and Air Product in advancing the EOC's goal of partnering with ...

Sector Diversification Geographic Diversification UTF Factsheet UTF has a strong track record of regular distributions since its inception in 2004. The CEF makes monthly payments of $0.155/share, calculating an 8% annualized yied. YTD 2024, UTF's distributions are estimated as 51% NII (qualified dividends) and 49% long-term capital gains. UTF employs a 30% leverage in its investment strategy, with 85% carrying rates fixed at 1.6% with a weighted average term of 2.2.6 years. The CEF's weighted average cost o ...

It has been about a month since the last earnings report for Edison International (EIX) . Shares have added about 2.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Edison International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Edison International Q1 E ...

D-Keine I've been looking at the preferred issues of Southern California Edison, the main subsidiary of Edison International (NYSE:EIX), in line with the thesis the market hasn't fully realized how much wildfire risk has decreased for California utilities. SoCal Edison provides electricity for about 15 million people in a 50,000 square-mile area of Central and Southern California. Edison International also owns Edison Energy, a global advisory firm, but it is too small to have a material effect on operation ...

Battery stocks may be resurgent, even as flagging electric vehicle (EV) sales and similar skepticism have suppressed the wider sector. Increased regulatory refinement and the still-emergent GreenTech revolution increase battery stock picks in the coming months.March 20, the Environmental Protection Agency issued new rules granting U.S. automakers additional time to reduce vehicle CO2 emissions. These revised regulations stipulate more gradual reductions for 2027, 2028 and 2029 before significantly intensify ...

Edison International (EIX) reported first-quarter 2024 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.12 by 0.9%. The bottom line also increased 3.7% from $1.09 in the year-ago quarter.The company incurred a GAAP loss of 3 cents per share against earnings of 81 cents per share recorded in the first quarter of 2023.Total RevenuesEdison International's first-quarter operating revenues totaled $4.08 billion, which missed the Zacks Consensus Estimate of $4.14 billion by ...

Edison International (NYSE:EIX) Q1 2024 Earnings Conference Call April 30, 2024 4:30 PM ET Company Participants Sam Ramraj - Vice President of Investor Relations Pedro Pizarro - President and Chief Executive Officer Maria Rigatti - Executive Vice President and Chief Financial Officer Steven Powell - President and Chief Executive Officer of SCE Conference Call Participants Nick Campanella - Barclays Capital Michael Lonegan - Evercore ISI Gregg Orrill - UBS Securities Jeremy Tonet - J.P. Morgan Ryan Levine - ...