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Edison International(EIX) - 2024 Q1 - Earnings Call Presentation
2024-04-30 20:28
Annual Risk of accessing the Wildfire Fund3 1. Baseline risk estimated by Risk Management Solutions, Inc. (Moody's RMS) using its wildfire model, relying on the following data provided by SCE: the location of SCE's assets, CPUC reportable ignitions from 2014–Q3 2023, mitigation effectiveness and locations of installed covered conductor, tree removals, inspections, line clearing, fast curve settings, and PSPS de-energization criteria 2. There are risks inherent in the simulation analysis, models and predicti ...
Edison International(EIX) - 2024 Q1 - Quarterly Report
2024-04-30 20:10
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to | Commission | Exact Name of Registrant | State or Other Jurisdiction of | IRS Employer | | --- | --- | --- | --- | | File Number | as speci ...
Edison International(EIX) - 2024 Q1 - Quarterly Results
2024-04-30 20:08
Exhibit 99.1 NEWS Investor Relations: Sam Ramraj, (626) 302-2540 Media Relations: (626) 302-2255 News@sce.com Edison International Reports First-Quarter 2024 Results Edison International uses core earnings internally for financial planning and analysis of performance. Core earnings are also used when communicating with investors and analysts regarding Edison International's earnings results to facilitate comparisons of the company's performance from period to period. Please see the attached tables to reconc ...
What Awaits Edison International (EIX) in Q1 Earnings?
Zacks Investment Research· 2024-04-25 13:35
Edison International (EIX) is scheduled to release its first-quarter 2024 results on Apr 30 after market close. The company delivered an earnings surprise of 4.92% in the last reported quarter.The company holds a four-quarter average earnings surprise of 3.21%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayEIX’s service territories saw a mixed temperature pattern in the first quarter. While at the onset of the January-March quarter, warmer-than-n ...
Here's Why Edison International (EIX) is a Strong Growth Stock
Zacks Investment Research· 2024-04-09 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
Want an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse Workforce
Businesswire· 2024-03-07 21:30
ROSEMEAD, Calif.--(BUSINESS WIRE)--Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program. Funded by Edison International shareholders and IBEW Local 47, this scholarship is focused on growing Black, Asian Pacific Islander, Native American and female representation in Southern California Edison’s skilled workforce. “Lineworkers are among the front lines of our workforce that is safely delivering reliable power to the 15 million ...
Edison International (EIX) Q4 Earnings Beat, Revenues Fall Y/Y
Zacks Investment Research· 2024-02-23 14:51
Edison International (EIX) reported fourth-quarter 2023 adjusted earnings of $1.28 per share, which surpassed the Zacks Consensus Estimate of $1.22 by 4.9%. The bottom line also increased 11.3% from $1.15 in the year-ago quarter.The company recorded GAAP earnings per share of 99 cents compared with $1.09 in the fourth quarter of 2022.For 2023, EIX reported adjusted earnings of $4.76 per share, which surpassed the Zacks Consensus Estimate of $4.67 by 1.9%. The bottom line also increased 2.8% from $4.63 in 20 ...
Edison International(EIX) - 2023 Q4 - Earnings Call Transcript
2024-02-23 01:54
Edison International (NYSE:EIX) Q4 2023 Earnings Conference Call February 22, 2024 4:30 PM ET Company Participants Sam Ramraj - Vice President of Investor Relations Pedro Pizarro - President, CEO & Director Maria Rigatti - Executive VP & CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research Nick Campanella - Barclays Anthony Crowdell - Mizuho Securities Michael Lonegan - Evercore ISI Ryan Levine - Citi Angie Storozynski - Seaport Jeremy Tonet - JPMorgan Gregg ...
Edison International (EIX) Q4 Earnings Surpass Estimates
Zacks Investment Research· 2024-02-22 23:20
Edison International (EIX) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.92%. A quarter ago, it was expected that this electric power provider would post earnings of $1.46 per share when it actually produced earnings of $1.38, delivering a surprise of -5.48%.Over the last four qua ...
Edison International(EIX) - 2023 Q4 - Earnings Call Presentation
2024-02-22 21:43
SCE has waiver from CPUC, allowing exclusion with respect to certain current and future charges to equity and associated debt for calculating SCE's regulatory equity ratio – Waiver approved through August 2025 (with ability to seek additional extension via application) or until CPUC makes a final determination on cost recovery for 2017/2018 Wildfire/Mudslide Events Intervenors' prepared direct testimony due February 29; SCE rebuttal testimony due April 15 20 consecutive years of dividend growth ~4% current ...