Start Time: 16:30 January 1, 0000 5:28 PM ET Edison International (NYSE:EIX) Q3 2024 Earnings Conference Call October 29, 2024, 16:30 AM ET Company Participants Pedro Pizarro - President and CEO Maria Rigatti - EVP and CFO Steve Powell - President and CEO, Southern California Edison Sam Ramraj - VP, IR Conference Call Participants Michael Lonegan - Evercore ISI Shar Pourreza - Guggenheim Partners Anthony Crowdell - Mizuho Steven Fleishman - Wolfe Research Ryan Levine - Citi Gregg Orrill - UBS Nicholas Campa ...

THIRD-QUARTER 2024 FINANCIAL RESULTS OCTOBER 29, 2024 Forward-Looking Statements Statements contained in this presentation about future performance, including, without limitation, operating results, capital expenditures, rate base growth, dividend policy, financial outlook, and other statements that are not purely historical, are forward-looking statements. These forward-looking statements reflect our current expectations; however, such statements involve risks and uncertainties. Actual results could differ ...

Edison International (EIX) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.63%. A quarter ago, it was expected that this electric power provider would post earnings of $1.05 per share when it actually produced earnings of $1.22, delivering a surprise of 16.19%.Over the last four qua ...

Edison International (EIX) Q3 2024 Earnings Call October 29, 2024 04:30 PM ET Company Participants Sam Ramraj - Vice President of Investor RelationsPedro Pizarro - President & Chief Executive OfficerMaria Rigatti - Executive Vice President & Chief Financial OfficerMichael Lonegan - Director - Equity ResearchShahriar Pourreza - Senior Managing Director - Head of Energy/Power/UtilitiesAnthony Crowdell - Managing DirectorBrian Levine - Vice PresidentSteven Powell - President and Chief Executive Officer of Sout ...

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 September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------------------------------------------------|----------------------- ...

Exhibit 99.1 NEWS Edison International Reports Third-Quarter 2024 Results Investor Relations: Sam Ramraj, (626) 302-2540 Media Relations: (626) 302-2255 News@sce.com ● Third-quarter 2024 GAAP EPS of $1.33; Core EPS of $1.51 ● Significant progress in resolving legacy wildfires: Settlement agreement reached on TKM; cost recovery application on Woolsey Fire filed with CPUC ● Narrows 2024 core EPS guidance to $4.80-$5.00 ● Reiterates long-term core EPS growth rate targets of 5%-7% for 2021-2025 and 5%-7% for 20 ...

Core Viewpoint - Investors in the Utility - Electric Power sector should consider Edison International (EIX) and WEC Energy Group (WEC) as potential value opportunities, with EIX currently presenting a superior value option based on various valuation metrics [1][6]. Valuation Metrics - Both EIX and WEC have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3]. - EIX has a forward P/E ratio of 17.31, while WEC has a forward P/E of 19.40, suggesting EIX is more attractively priced [5]. - The PEG ratio for EIX is 1.99, compared to WEC's PEG ratio of 2.43, indicating EIX may offer better value relative to its expected earnings growth [5]. - EIX's P/B ratio is 2.05, while WEC's P/B ratio is 2.42, further supporting the conclusion that EIX is undervalued compared to WEC [6]. - EIX has earned a Value grade of B, while WEC has a Value grade of C, reinforcing the assessment that EIX is the superior value option [6].

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SimonSkafar As a dividend investor, I have always been attracted to profitable utility companies trading at high valuations. I am invested in Entergy Corporation (ETR) with an annual dividend yield of 3.86% and Edison International (NYSE:EIX) offering a forward yield of 3.75%. These two companies operate on three macro factors; clean energy, electrification, and technology. In this article, I will explain why EIX is a buy owing to the management's plan to grow its load in line with the increased roll-out of ...

Financial Performance - Edison International reported GAAP earnings of $1.14 per share, an increase from 92 cents per share in Q2 2023 [1] - The company's second-quarter operating revenues reached $4.34 billion, exceeding the Zacks Consensus Estimate of $4.03 billion by 7.5% and up 9.4% from $3.96 billion in the same quarter last year [2] - Total operating expenses rose by 6% year over year to $3.44 billion [3] - Operating income for the second quarter was $900 million, compared to $724 million in the prior-year period [4] - Edison International's adjusted earnings for Q2 2024 were $1.23 per share, a 21.8% increase from $1.01 in the year-ago quarter, surpassing the Zacks Consensus Estimate of $1.05 [10] Debt and Cash Position - As of June 30, 2024, long-term debt stood at $33.10 billion, up from $30.32 billion at the end of 2023 [6] - Cash and cash equivalents amounted to $465 million, an increase from $345 million as of December 31, 2023 [13] Capital Expenditures and Guidance - Total capital expenditures were reported at $2.70 billion, slightly down from $2.71 billion in the previous year [14] - The company reaffirmed its 2024 guidance, expecting adjusted earnings in the range of $4.75-$5.05 per share [22] Operational Highlights - Operation and maintenance (O&M) costs increased by 3.5% in Q2 2024, while property and other taxes rose by 3.4% [11] - Southern California Edison reported adjusted earnings of $1.45 per share, up from $1.23 in the year-ago quarter, attributed to higher revenues authorized in the 2021 General Rate Case [12]