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Edison International Swings To Q1 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Edison International (EIX) Tuesday reported first-quarter net income of $1.436 billion or $3.72 per share, compared to loss of $11 million or $0.03 per share in the same period last year.

Excluding items, Edison International reported first-quarter core earnings of $528 million or $1.37 per share, compared to core earnings of $438 million, or $1.13 per share, in the first quarter of last year.

Revenues for the first quarter dropped to $3.811 billion from $4.078 billion in the same period last year.

Looking forward to the full year 2025, the company now expects earnings per share of $8.30 to $8.70 and core earnings per share of $5.94 to $6.34.

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