Edison International: Fourth Quarter Earnings Overview

Edison International Surpasses Earnings Projections in Fourth Quarter

Edison International, headquartered in Rosemead, California, announced a net profit of $1.92 billion for the fourth quarter.

The company reported earnings of $4.79 per share, with adjusted earnings—excluding one-time gains—totaling $1.87 per share.

These results exceeded analysts’ expectations, as the consensus forecast from five Zacks Investment Research analysts had predicted earnings of $1.47 per share.

Quarterly revenue reached $5.21 billion, outpacing the $4.38 billion anticipated by four analysts polled by Zacks.

For the full year, Edison International recorded a total profit of $4.7 billion, or $11.55 per share, with annual revenue amounting to $19.32 billion.

Looking ahead, the company projects its earnings for the upcoming year to fall between $5.90 and $6.20 per share.