Edison International (EIX) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $340 million, or $0.88 per share. This compares with $378 million, or $0.99 per share, last year.
Excluding items, Edison International reported adjusted earnings of $405 million or $1.05 per share for the period.
Analysts on average had expected the company to earn $1.10 per share. Analysts' estimates typically exclude special items.
Edison International earnings at a glance (GAAP) :
-Earnings: $340 Mln. vs. $378 Mln. last year.
-EPS: $0.88 vs. $0.99 last year.
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