Edison Int'l (EIX) Tops Q4 EPS by 7c, Offers FY17 EPS Guidance

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Go back to Edison Int'l (EIX) Tops Q4 EPS by 7c, Offers FY17 EPS Guidance

Edison International Reports Fourth Quarter and Full-Year 2016 Results; Introduces 2017 Earnings Guidance

February 21, 2017 4:01 PM EST

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported fourth quarter 2016 net income of $345 million, or $1.06 per share, compared to a net loss of $79 million, or $0.24 loss per share, in the fourth quarter 2015. As adjusted, fourth quarter 2016 core earnings were $332 million, or $1.02 per share, compared to core earnings of $287 million, or $0.88 per share, in the fourth quarter 2015.

Southern California Edison's (SCE) fourth quarter 2016 net income increased by $419 million, or $1.29 per share, from the fourth quarter 2015. SCE's increase in net income consisted of $49 million of higher core earnings and $370 million of... More