Edison Int'l (EIX) Misses Q2 EPS by 13c

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Go back to Edison Int'l (EIX) Misses Q2 EPS by 13c

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

July 28, 2016 4:01 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported second quarter 2016 net income of $276 million, or $0.85 per share, compared to $379 million, or $1.16 per share, in the second quarter of 2015. On an adjusted basis, Edison Internationals second quarter 2016 core earnings were $276 million, or $0.85 per share, compared to $378 million, or $1.16 per share, in the second quarter of 2015. Comparisons to second quarter and year-to-date 2015 results are not meaningful primarily because of the delay in receiving Southern California Edison's (SCE) 2015 General Rate Case (GRC) decision and the impact of taxes.

SCE's second quarter 2016 net income... More