secwatch.observer — SEC 8-K summary
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Issuer:     EDISON INTERNATIONAL (EIX)
CIK:        0000827052
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000827052-23-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827052/000082705223000083/0000827052-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92103/000082705223000083/eix-20231101x8k.htm
  HTML page:      https://secwatch.observer/filing/0000827052-23-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer