Edison International(EIX)
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Edison International (EIX) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-25 22:22
Over the last four quarters, the company has surpassed consensus EPS estimates three times. What's Next for Edison International? It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.48 on $4.71 billion in revenues for the coming quarter and $4.92 on $16.5 billion in revenues for the current fiscal year. Portland General Electric's revenues are expected to be $709.44 million, up 9.5% from the year-ago q ...
Edison International(EIX) - 2024 Q2 - Quarterly Report
2024-07-25 20:09
(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to FORWARD-LOOKING STATEMENTS ● changes in future taxable income, or changes in tax law, that would limit Edison International's and SCE's realization of expected net operating loss and tax credit carryover benefits prior to expiration; | --- | ...
Edison International(EIX) - 2024 Q2 - Quarterly Results
2024-07-25 20:07
| --- | --- | --- | |-------|-------|----------------------------------------------------------| | | | 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 ...
Will Edison International (EIX) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-23 17:11
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 ...
Why Edison International (EIX) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-07-23 14:51
Zacks Premium also includes the Zacks Style Scores. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. Growth Score 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 r ...
Rockefeller Foundation's Economic Opportunity Coalition Announces New Chair & 3 Additional Fortune 500 Companies
Prnewswire· 2024-07-19 03:16
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 ...
Yes, You Can Retire On Dividends, 2 Fat Yields +8%
Seeking Alpha· 2024-07-12 12:30
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 ...
Edison International (EIX) Up 2.9% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-05-30 16:37
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 ...
Edison International Subsidiary's Preferred Benefits From Reduced Fire Risk
seekingalpha.com· 2024-05-22 03:34
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 ...
3 Stocks Positioned to Capitalize on California's Battery Industry Surge
InvestorPlace· 2024-05-07 17:09
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 ...