Earnings Preview: Edison International (EIX) Q2 Earnings Expected to Decline

Company Overview - Edison International (EIX) is expected to report a year-over-year decline in earnings, with a projected EPS of $1.03, reflecting a decrease of 15.6% compared to the previous year [3][12] - Revenues for the quarter are anticipated to be $4.27 billion, down 1.6% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 19.33% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][12] - Edison International currently has an Earnings ESP of -5.70%, suggesting that the Most Accurate Estimate is lower than the Zacks Consensus Estimate [12] Earnings Surprise History - In the last reported quarter, Edison International exceeded the expected EPS of $1.21 by delivering $1.37, resulting in a surprise of +13.22% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Comparison with Industry Peers - American Electric Power (AEP), a competitor in the electric power industry, is expected to report an EPS of $1.16, which represents a year-over-year decline of 7.2% [18] - AEP's revenues are projected to be $4.76 billion, up 3.9% from the previous year, and it has an Earnings ESP of +10.63%, indicating a higher likelihood of beating the consensus EPS estimate [19][20]