Edison Int'l (EIX) Tops Q3 EPS by 2c

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Go back to Edison Int'l (EIX) Tops Q3 EPS by 2c

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

November 1, 2016 4:01 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported third quarter 2016 net income of $419 million, or $1.29 per share, compared to $421 million, or $1.29 per share, in the third quarter of 2015. There were no non-core items in the third quarter 2016 results. As adjusted, third quarter 2015 core earnings were $377 million or $1.16 per share.

SCE's third quarter 2016 net income increased by $46 million, or $0.15 per share, from the third quarter 2015 primarily due to the timing of the implementation of the 2015 General Rate Case (GRC) proposed decision and incremental return on pole loading rate base, partially offset by higher... More