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ROSEMEAD, Calif. (AP) — ROSEMEAD, Calif. (AP) — Edison International (EIX) on Tuesday reported first-quarter earnings of $365 million.
The Rosemead, California-based company said it had profit of 81 cents per share. Earnings, adjusted for non-recurring costs, were $1.09 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The electric power provider posted revenue of $3.97 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $4.11 billion.
Edison International expects full-year earnings in the range of $4.55 to $4.85 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a EIX">Zacks stock report on EIX at https://www.zacks.com/ap/EIX