Edison Int'l (EIX) Tops Q1 EPS by 21c, Offers FY Guidance
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Edison International Reports First Quarter 2017 Results
May 1, 2017 4:01 PM EDTROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported first quarter 2017 net income of $362 million, or $1.11 per share, compared to $281 million, or $0.86 per share, in the first quarter of 2016. There were no non-core items in the first quarter 2017 results. First quarter 2016 core earnings were $278 million, or $0.85 per share.
Southern California Edison's (SCE) first quarter 2017 net income increased by $54 million, or $0.17 per share, from the first quarter 2016 due to an increase in revenue from the escalation mechanism set forth in the 2015 General Rate Case (GRC) decision, lower operation and maintenance expenses,... More
