Edison International (EIX) reported third quarter net income attributable to common shareholders of $403 million, down from $439 million in the year ago quarter. GAAP earnings for the quarter were $1.22 per share, compared to $1.33 per share in the same quarter last year. The decline is largely attributable to lower earnings at Edison Mission Group, partially offset by higher operating results at Southern California Edison, the company said.
Core earnings for the quarter were $1.09 per share compared to $1.46 per share in the third quarter 2008. Analysts polled by Thomson Reuters expected the company to report earnings of $1.04 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenues for the quarter were $3.664 billion, down from $4.294 billion in the prior year quarter. Five analysts had consensus revenue estimate of $3.76 billion for the quarter.
The company now fiscal 2009 expects GAAP earnings to be in the range of $2.23 - $2.43 per share, from the prior range of $2.18 - $2.48 per share. The company now expects fiscal 2009 core earnings to be in the range of $2.95 - $3.15 per share, compared to prior outlook of $2.90 - $3.20 per share. Analysts expect the company to report earnings of $3.02 per share for fiscal 2009.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.