Edison Int'l (EIX) Misses Q1 EPS by 16c

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Edison International Reports First Quarter 2020 Results

April 30, 2020 4:05 PM EDT

ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported first quarter 2020 net income of $183 million, or $0.50 per share, compared to net income of $278 million, or $0.85 per share, in the first quarter 2019. As adjusted, first quarter 2020 core earnings were $228 million, or $0.63 per share, compared to core earnings of $206 million, or $0.63 per share, in the first quarter 2019.

Southern California Edison's (SCE) first quarter 2020 net income of $219 million, or $0.60 per share, was lower compared to net income of $293 million, or $0.90 per share, in the first quarter 2019. SCE's first quarter 2020 earnings per share (EPS)... More