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Earnings Preview: Edison International (EIX) Q4 Earnings Expected to Decline
EIXEdison International(EIX) ZACKS·2025-02-20 16:06

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Edison International despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Edison International is expected to report quarterly earnings of 1.08pershare,reflectingayearoveryeardecreaseof15.61.08 per share, reflecting a year-over-year decrease of 15.6%, while revenues are projected to be 3.8 billion, an increase of 2.5% from the previous year [3]. - The earnings report is scheduled for release on February 27, 2025, and could influence stock movement based on whether the results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 0.49% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. - The Most Accurate Estimate for Edison International aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with a focus on positive readings for predictive power [6][7]. - Edison International's current Zacks Rank is 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, Edison International exceeded the expected earnings of 1.39persharebydelivering1.39 per share by delivering 1.51, resulting in a surprise of +8.63% [12]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13]. Industry Context - In the Zacks Utility - Electric Power industry, FirstEnergy is expected to report earnings of 0.70pershare,reflectingayearoveryearincreaseof12.90.70 per share, reflecting a year-over-year increase of 12.9%, with revenues projected at 3.67 billion, up 16.7% from the previous year [17]. - FirstEnergy's consensus EPS estimate has been revised 2.7% lower recently, leading to an Earnings ESP of -0.71% and a Zacks Rank of 4, indicating difficulty in predicting an earnings beat [18].