Edison Int'l (EIX) Tops Q4 EPS by 28c, FY EPS Guidance Beats

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Go back to Edison Int'l (EIX) Tops Q4 EPS by 28c, FY EPS Guidance Beats

Edison International Reports Fourth Quarter and Full-Year 2015 Results; Introduces 2016 Earnings Guidance

February 23, 2016 4:01 PM EST

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported fourth quarter 2015 net loss on a GAAP basis of $79 million, or $0.24 per share, compared to net income of $420 million, or $1.29 per share, in the fourth quarter of 2014. On an adjusted basis, Edison Internationals fourth quarter 2015 core earnings were $287 million, or $0.88 per share, compared to $355 million, or $1.08 per share, in the fourth quarter of 2014.

Southern California Edison's (SCE) fourth quarter 2015 core earnings decreased by $66 million, or $0.20 per share, from the fourth quarter 2014 primarily due to lower authorized California Public Utilities Commission (CPUC)... More