Edison International's Q3 adj net income beats expectations
Overview
US electric utility's Q3 core EPS was $1.92, beating analyst expectations
Adjusted net income for Q3 beat analyst expectations
Q3 core EPS declined yr/yr due to prior-year one-time earnings, partly offset by higher revenue
Outlook
Edison International reaffirms 2026 core EPS guidance of $5.90 to $6.20
Company targets 5% to 7% core EPS growth from 2025 to 2030
Result Drivers
PRIOR-YEAR ONE-TIME EARNINGS - Co said Q3 core EPS declined yr/yr mainly due to one-time earnings recognized in Q3 2025 from the 2025 GRC final decision
RATE ESCALATION - Higher revenue from rate escalation mechanism partly offset decline in core EPS
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Core EPS | Beat | $1.92 | $1.81 (11 Analysts) |
Q3 EPS | $1.88 | ||
Q3 Adjusted Net Income | Beat | $738 mln | $688.74 mln (5 Analysts) |
Q3 Net Income | $724 mln |
Reuters Recommended Reads
Oct 29 - Xcel Energy Q3 profit rises on electric infrastructure recovery, narrows outlook
Oct 29 - WEC Energy Q3 net income rises sharply year over year on high demand
Oct 27 - CenterPoint Energy Q3 adjusted EPS beats estimates, raises 2026 outlook
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)