Edison International (NYSE:EIX) Posts Quarterly Earnings Results, Beats Estimates By $0.36 EPS

Edison International (NYSE:EIX) issued its earnings results on Thursday. The utilities provider reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36, FiscalAI reports. The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The firm’s revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS.

Here are the key takeaways from Edison International’s conference call:

• Second-quarter core EPS rose to $1.54 from $0.97 a year earlier, and Edison reaffirmed its 2026 core EPS guidance of $5.90–$6.20 and long-term growth target of 5%–7%.
• SCE completed approximately $2 billion of Woolsey Fire cost-recovery securitization, with proceeds expected to fund claims, retire related debt, and strengthen the balance sheet.
• Wildfire mitigation remains a major investment priority, with about 90% of distribution lines in high-fire-risk areas hardened; the next plan preliminarily includes roughly 450 miles of covered conductor and 190 miles of targeted undergrounding.
• SCE has extended more than 2,200 Eaton Fire compensation offers totaling over $775 million, but management said it still lacks enough claims and settlement data to estimate the low end of potential liability under GAAP.
• The outcome of California wildfire-reform legislation remains uncertain, and management warned that an insufficiently predictable or financeable framework could raise borrowing and equity costs, potentially affecting future capital deployment and customer affordability.

Edison International Trading Up 0.2%

NYSE EIX traded up $0.12 on Thursday, hitting $78.75. The company’s stock had a trading volume of 2,874,432 shares, compared to its average volume of 2,164,010. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98. The firm has a market cap of $30.30 billion, a P/E ratio of 8.55, a PEG ratio of 6.11 and a beta of 0.66. The company’s 50-day simple moving average is $74.29 and its 200 day simple moving average is $70.99. Edison International has a 52-week low of $51.01 and a 52-week high of $81.62.

Edison International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th will be issued a $0.8775 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $3.51 annualized dividend and a yield of 4.5%. Edison International’s dividend payout ratio (DPR) is 38.11%.

Wall Street Analyst Weigh In

EIX has been the topic of several analyst reports. Seaport Research Partners downgraded Edison International from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Morgan Stanley restated an “underweight” rating and set a $69.00 price target on shares of Edison International in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Edison International in a research note on Monday, July 13th. Barclays raised their target price on shares of Edison International from $77.00 to $78.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Truist Financial lowered their price target on shares of Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Edison International presently has a consensus rating of “Hold” and an average target price of $72.64.

Institutional Trading of Edison International

Several large investors have recently added to or reduced their stakes in EIX. Jones Financial Companies Lllp boosted its stake in shares of Edison International by 112.9% during the 1st quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider’s stock valued at $577,000 after purchasing an additional 5,190 shares in the last quarter. Empowered Funds LLC lifted its holdings in Edison International by 2.4% in the first quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after buying an additional 211 shares during the period. Woodline Partners LP boosted its position in Edison International by 40.7% during the 1st quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock valued at $1,927,000 after acquiring an additional 9,459 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Edison International by 153.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock valued at $451,000 after acquiring an additional 5,290 shares in the last quarter. Finally, Baird Financial Group Inc. bought a new stake in Edison International during the 2nd quarter valued at approximately $302,000. Institutional investors own 88.95% of the company’s stock.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.