Edison Int'l (EIX) Tops Q1 EPS by 14c

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Go back to Edison Int'l (EIX) Tops Q1 EPS by 14c

Edison International Reports First Quarter 2015 Results

April 28, 2015 4:01 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported first quarter 2015 net income on a GAAP basis of $299 million, or $0.92 per share, compared to $176 million, or $0.54 per share, in the first quarter of 2014. On an adjusted basis, Edison Internationals first quarter 2015 and 2014 core earnings were $294 million, or $0.90 per share.

Southern California Edisons (SCE) first quarter 2015 core earnings were similar to the first quarter of 2014 due to the delay in the California Public Utilities Commission 2015 General Rate Case (GRC) decision. During the first quarter of 2015, SCE recognized revenue from CPUC... More