Edison International (EIX) Q4 Earnings Beat, Revenues Fall Y/Y

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 ...