earnings
confidence high
sentiment positive
materiality 0.65
Edison International Q2 core EPS $1.54, up from $0.97; reaffirms 2026 guidance $5.90-$6.20
EDISON INTERNATIONAL
- Q2 GAAP EPS $1.39, net income $534M; core EPS $1.54 vs $0.97 YoY, driven by 2025 GRC decision.
- Reaffirmed 2026 core EPS guidance $5.90-$6.20; long-term core EPS growth target 5-7%.
- SCE completed $2B Woolsey securitization; grid hardened ~7,200 miles covered conductor, ~90% of HFRA lines.
- SCE extended >2,200 WRCP offers totaling >$775M for Eaton Fire; community interest continues.
- Legislative discussions on wildfire reform ongoing; outcome uncertain, may affect financing costs.