Edison International(EIX)
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Edison International(EIX) - 2024 Q3 - Earnings Call Transcript
2024-10-30 00:36
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 ...
Edison International(EIX) - 2024 Q3 - Earnings Call Presentation
2024-10-30 00:35
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) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-29 22:16
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) - 2024 Q3 - Quarterly Report
2024-10-29 20:07
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 | --- | --- | --- | |-------------------------------------------------------------------------------------------|----------------------- ...
Edison International(EIX) - 2024 Q3 - Quarterly Results
2024-10-29 20:06
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 ...
EIX or WEC: Which Is the Better Value Stock Right Now?
ZACKS· 2024-09-25 16:40
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Edison International (EIX) or WEC Energy Group (WEC) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our St ...
Here's Why Edison International (EIX) is a Strong Momentum Stock
ZACKS· 2024-08-26 14:55
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...
Edison International: Plans To Grow Its Load After Application To Regulator
Seeking Alpha· 2024-08-17 12:43
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 ...
Edison International (EIX) Q2 Earnings Rise Y/Y, Revenues Beat
ZACKS· 2024-07-26 16:35
The company incurred GAAP earnings of $1.14 per share compared with earnings of 92 cents per share recorded in the second quarter of 2023. Edison International's second-quarter operating revenues totaled $4.34 billion, which beat the Zacks Consensus Estimate of $4.03 billion by 7.5%. The top line also increased 9.4% from the year-ago quarter's figure of $3.96 billion. During the second quarter of 2024, EIX's total operating expenses increased 6% year over year to $3.44 billion. The operating income amounted ...
Edison International(EIX) - 2024 Q2 - Earnings Call Transcript
2024-07-25 23:13
Edison International (NYSE:EIX) Q2 2024 Results Conference Call July 25, 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 Steve Powell - President and Chief Executive Officer of Southern California Edison Conference Call Participants Michael Lonegan - Evercore ISI Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays David Arcaro - Morgan ...