earnings
confidence high
sentiment positive
materiality 0.75
Edison International Q3 core EPS $1.51 vs $1.38; narrows FY2024 core EPS guide to $4.80-$5.00
EDISON INTERNATIONAL
2024-Q3 EPS reported
$2.44
revenue$13,615,000,000
- Q3 GAAP EPS $1.33 (up from $0.40); core EPS $1.51 (up from $1.38).
- Narrows 2024 core EPS guidance to $4.80-$5.00 from $4.75-$5.05.
- Reaches settlement with Cal Advocates on TKM wildfire cost recovery: $1.6B at 60% recovery.
- Files Woolsey Fire cost recovery application with CPUC; expects decision in ~18 months.
- Reaffirms 5-7% core EPS CAGR through 2028; 2025 guidance of $5.50-$5.90 unchanged.