Edison Int'l (EIX) Misses Q1 EPS by 24c, Revenues Beat

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Edison International Reports First Quarter 2019 Results

April 30, 2019 4:09 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported first quarter 2019 net income of $278 million, or $0.85 per share, compared to net income of $218 million, or $0.67 per share, in the first quarter 2018. As adjusted, first quarter 2019 core earnings were $206 million, or $0.63 per share, compared to core earnings of $262 million, or $0.80 per share, in the first quarter 2018.

Southern California Edison (SCE) received its proposed decision from the California Public Utilities Commission (CPUC) on its 2018 General Rate Case (GRC) on April 12, 2019. However, it is SCE's policy to account for regulatory decisions in the period... More