Edison International Q1 core EPS beats profit estimates

Edison International

28/04/2026 21:19

Overview

U.S. electric utility's Q1 core EPS rose yr/yr, beating analyst expectations

Company affirmed 2026 core EPS guidance and 5-7% growth outlook through 2030

Core EPS increase driven by adoption of 2025 GRC final decision, partly offset by lower cost recoveries

Outlook

Edison International affirms 2026 core EPS guidance of $5.90-$6.20

Company maintains expectation of 5-7% core EPS growth from 2025-2030

Result Drivers

REGULATORY DECISION - Southern California Edison’s Q1 core EPS rose mainly due to adoption of the 2025 GRC final decision

LOWER PREFERRED DIVIDENDS - Parent and Other's core loss per share narrowed mainly due to lower preferred stock dividends

Company press release: ID:nBw7mkrfna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Core EPS
Beat
$1.42
$1.31 (8 Analysts)
Q1 EPS
$1.38
Q1 Adjusted Net Income
Beat
$546 mln
$514.36 mln (2 Analysts)
Q1 Net Income
$531 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy."

Wall Street's median 12-month price target for Edison International is $78.00, about 13.8% above its April 27 closing price of $68.57

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

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.)