Edison Q3 core EPS $1.38; $323M after-tax wildfire charge; reaffirms guidance

EDISON INTERNATIONAL

2023-Q3 EPS reported $2.13 revenue$12,632,000,000

Q3 GAAP EPS $0.40, core EPS $1.38 vs $1.48 YoY; SCE earnings down on higher interest expense.
Revised best estimate for 2017/2018 wildfire losses up $475M; net after-tax charge of $323M.
Reaffirmed 2023 core EPS guidance $4.55-$4.85; basic EPS guidance lowered to $3.21-$3.51.
SCE installed over 5,200 miles covered conductor; 2024 ROE to rise 70 bps to 10.75%.
Announced $750M preferred stock tender offer; filed to monetize wireless tower leases (~$20M annual revenue).

item 2.02 item 7.01 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EDISON INTERNATIONAL reported the quarter ended September 30, 2023 results: net income $155 million, EPS $0.40 per share. Guidance reaffirmed.

Period: the quarter ended September 30, 2023
Net income: $155 million
EPS: $0.40 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Edison International (NYSE: EIX) today reported third-quarter net income of $155 million, or $0.40 per share

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

EDISON INTERNATIONAL filing history →

Source: SEC EDGAR

accession 0000827052-23-000083

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