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

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Jefferies Remains Sidelined as Timing Impacts Edison International's (NYSE: EIX) EPS

May 3, 2016 9:25 AM EDT

Jefferies reiterated a Hold rating on Edison International (NYSE: EIX), and raised the price target to $72.00 (from $66.00), following the company's 1Q earnings report. EIX reported an EPS of $0.82, slightly below the consensus estimate of $0.88. The quarter was impacted by the timing of the 2015 GRC which... More