Core Viewpoint - Edison International reported better-than-expected profits for the fourth quarter, driven by higher electricity rates and reduced interest costs related to wildfire recovery approvals [1] Financial Performance - The company posted an adjusted profit of $1.86 per share for Q4, surpassing analysts' average estimate of $1.46 per share [1] - Annual revenue for 2025 is projected at $19.32 billion, an increase from $17.60 billion the previous year [1] Future Earnings Forecast - Edison International forecasts annual adjusted earnings of $5.90 to $6.20 per share for 2026, with the midpoint lower than the estimate of $6.12 per share [1] - For 2027, the expected annual adjusted profit is between $6.25 and $6.65 per share [1] Industry Context - U.S. utilities are increasing electricity rates to cover higher grid modernization costs, driven by extreme weather and rising demand from industrial electrification and AI-focused data centers [1] - U.S. electricity consumption reached record highs last year and is anticipated to rise again in 2026 [1]