Edison Int'l (EIX) Misses Q1 EPS by 5c, Reaffirms Guidance

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Go back to Edison Int'l (EIX) Misses Q1 EPS by 5c, Reaffirms Guidance

Edison International Reports First Quarter 2016 Results; Reaffirms 2016 Earnings Guidance

May 2, 2016 4:01 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported first quarter 2016 net income on a GAAP basis of $271 million, or $0.83 per share, compared to $299 million, or $0.92 per share, in the first quarter of 2015. On an adjusted basis, Edison Internationals first quarter 2016 core earnings were $268 million, or $0.82 per share, compared to $294 million, or $0.90 per share, in the first quarter of 2015.

Southern California Edison's (SCE) first quarter 2016 core earnings decreased by $18 million, or $0.05 per share, from the first quarter 2015 primarily due to the timing of revenue recognized in 2015 due to the delay in... More