Edison International: Q1 Earnings Snapshot
By AP News
Published - May 02, 2023, 04:30 PM ET
Last Updated - Jun 21, 2023, 11:47 PM EDT
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.
