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 - ...

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 ...

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 specified in its charter Incorporation or Org ...

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 ● First-quarter 2024 GAAP loss per share of $0.03; Core EPS of $1.13 ● Strong regulatory progress: Received CEMA proposed decision; Submitted GRC rebuttal testimony ● Revised best estimate of expected losses for 2017/2018 Wildfire/Mudslide Events, resulting in net after-tax charge of $333 million; Woolsey application on track for Q3 ● Affirms 2 ...

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 ...

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 ...

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) 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 ...

Turning to 2024 EPS guidance, the range of $4.75 to $5.05 and modeling considerations are outlined on page 13. As you can see, rate base earnings growth is strong, though our EPS guidance implies modest growth for the year. There are three primary reasons for this. First, interest expense on wildfire settlement-related debt grows by about $0.16 , driven by refinancing $2.1 billion of maturities and issuing additional debt to fund the balance of the claims resolutions. I want to be very clear that the utilit ...