Edison International (NYSE:EIX) Posts Earnings Results, Beats Expectations By $0.11 EPS

Edison International (NYSE:EIX) announced its quarterly earnings data on Thursday. The utilities provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.11, FiscalAI reports. The company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $5.34 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%.

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

• 2026 earnings guidance reaffirmed: Third-quarter core EPS was $1.92, bringing year-to-date EPS to $4.89, and Edison maintained its $5.90–$6.20 full-year range, along with its 2027–2028 outlook and 5%–7% long-term growth target.
• Management said the lack of durable California wildfire reform is raising financing costs and could constrain future investment. Elevated credit spreads could add approximately $300 million to customers’ costs on SCE debt expected to be issued in 2027, while a credit downgrade could further pressure capital spending and affordability.
• Los Angeles County concluded that SCE equipment caused the Eaton Fire ignition, increasing potential liability exposure, although management maintains it can demonstrate prudence and sees no basis for felony liability or conscious and willful disregard. The company said it still cannot reliably estimate potential reserves because litigation, claims, subrogation, and regulatory processes remain unresolved.
• SCE reported continued progress on grid safety, including hardening about 90% of its distribution system in high-fire-risk areas and installing more than 7,200 miles of covered conductor. Its 2026–2030 plan calls for approximately $38 billion–$41 billion of capital investment, supporting roughly 7% rate-base growth through 2030.
• The Wildfire Recovery Compensation Program has generated more activity, with SCE extending more than 3,200 offers totaling about $1.1 billion, but the November 30 deadline and upcoming legal claims deadlines are unlikely by themselves to provide enough information to estimate total Eaton Fire costs.

Edison International Stock Performance

Edison International stock traded up $0.44 during mid-day trading on Thursday, hitting $59.27. 2,271,626 shares of the company’s stock traded hands, compared to its average volume of 3,668,805. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a 50 day simple moving average of $58.36 and a two-hundred day simple moving average of $67.74. Edison International has a fifty-two week low of $51.10 and a fifty-two week high of $81.62. The stock has a market cap of $22.81 billion, a price-to-earnings ratio of 6.11, a P/E/G ratio of 2.43 and a beta of 0.62.

Edison International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Wednesday, October 7th will be issued a dividend of $0.8775 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $3.51 annualized dividend and a yield of 5.9%. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Truist Financial lowered their target price on shares of Edison International from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Monday, October 12th. The Goldman Sachs Group set a $67.00 price target on shares of Edison International in a research report on Thursday, October 15th. UBS Group reiterated a “neutral” rating and issued a $57.00 price target on shares of Edison International in a research note on Thursday, September 24th. Bank of America downgraded shares of Edison International from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $81.00 to $51.00 in a research report on Tuesday, September 1st. Finally, HSBC started coverage on shares of Edison International in a research note on Thursday, October 22nd. They set a “hold” rating and a $56.50 price objective on the stock. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Edison International currently has a consensus rating of “Reduce” and an average target price of $60.58.

Insider Activity at Edison International

In related news, Director Peter Taylor sold 500 shares of the company’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $55.56, for a total value of $27,780.00. Following the transaction, the director owned 33,212 shares in the company, valued at approximately $1,845,258.72. This represents a 1.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by corporate insiders.

About Edison International

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.