Edison International (NYSE:EIX) Announces Earnings Results, Beats Expectations By $0.38 EPS

Edison International (NYSE:EIX) issued its quarterly earnings results on Wednesday. The utilities provider reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.38, FiscalAI reports. Edison International had a net margin of 17.24% and a return on equity of 13.62%. The company had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.29 billion. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS.

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

• Core EPS of $6.55 in 2025 exceeded guidance; the company says it met its 2021–2025 EPS target, provided 2026 guidance of $5.90–$6.20 and 2027 guidance of $6.25–$6.65, reaffirmed 2028 outlook, extended a 5%–7% annual EPS growth target to 2030, and highlighted a ~5% dividend yield with a 10%–12% total return target.
• Edison forecasted a $38–$41 billion capital plan for 2026–2030 (including roughly $1.5B of AMI 2.0 through 2030 and a ~$3B total AMI request), expects ~7% rate-base growth to 2030, sees potential step-up to ~$9B/year in the next GRC cycle, and said it expects no equity needs through 2030 while financing within a 15%–17% FFO-to-debt range.
• SCE said it cannot yet reasonably estimate total losses from the Eaton Fire — there are ~2,300 WRCP claim submissions so far (up to 18,000 eligible properties), about $1.1B of recorded payments/settlements to date, ongoing subrogation and regulatory/legal investigations (including an LA DA inquiry), and the company acknowledged its equipment could have been associated with the ignition.
• Management said 2025 regulatory outcomes (GRC, TKM and Woolsey settlements) materially increased clarity on capital plans and revenue requirements, and it is actively engaging on the SB 254 process to seek a more durable, predictable framework to support long‑term investment and affordability.

Edison International Trading Down 2.4%

Edison International stock traded down $1.69 during mid-day trading on Wednesday, hitting $69.73. 4,719,671 shares of the company’s stock were exchanged, compared to its average volume of 3,254,973. The company’s 50 day simple moving average is $61.75 and its 200-day simple moving average is $58.09. The company has a quick ratio of 0.76, a current ratio of 0.82 and a debt-to-equity ratio of 1.95. The firm has a market capitalization of $26.83 billion, a P/E ratio of 9.11, a PEG ratio of 1.05 and a beta of 0.82. Edison International has a fifty-two week low of $47.73 and a fifty-two week high of $72.68.

Edison International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Wednesday, January 7th were given a dividend of $0.8775 per share. This is a positive change from Edison International’s previous quarterly dividend of $0.83. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Wednesday, January 7th. Edison International’s payout ratio is 45.88%.

Hedge Funds Weigh In On Edison International

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

Wall Street Analysts Forecast Growth

EIX has been the topic of a number of research analyst reports. Wall Street Zen lowered Edison International from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group cut Edison International from a “buy” rating to a “neutral” rating and increased their target price for the stock from $70.00 to $78.00 in a report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Edison International in a research note on Monday, December 29th. Jefferies Financial Group reduced their price target on shares of Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Edison International in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Edison International currently has an average rating of “Hold” and a consensus target price of $64.10.

Edison International Company Profile

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.